『Soybean Slump: China's Demand Dip Drags Prices Down』のカバーアート

Soybean Slump: China's Demand Dip Drags Prices Down

Soybean Slump: China's Demand Dip Drags Prices Down

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This is your Daily Soybeans Price Tracker with Vanessa Clark podcast.

Welcome back to the Daily Soybeans Price Tracker, I am Vanessa Clark, and today we are digging into the latest soybean prices and what is moving this market right now.

Let us start with the current trading action. According to Pro Farmer and Morningstar, January soybeans on the Chicago Board of Trade settled around ten dollars and seventy six and three quarter cents per bushel, hitting a six week low and closing down roughly one and a half percent on the day. Ever Ag’s spot market summary also shows nearby January soybeans around ten dollars and eighty cents, down about thirteen cents today. So the headline is simple: soybean prices are under pressure and drifting lower.

Why are soybean futures falling. Morningstar reports that traders are worried that Chinese demand is not living up to the big expectations we had back in late October, even though China is still buying United States soybeans and is expected to keep buying on price pullbacks. Reuters, as cited by the livestock news sites, notes that soybeans recently hit a seventeen month high above eleven dollars and sixty nine cents on optimism about Chinese purchases, but that rally faded once the actual pace of buying slowed.

On the export side, both Morningstar and ADM Investor Services highlight fresh United States Department of Agriculture flash sales. The USDA has reported new soybean sales to China, plus soybean meal sales to Mexico, and additional beans to unknown destinations. That is supportive, but so far not strong enough to change the overall bearish tone.

Global supply is another big piece of the puzzle. Brazil’s crop agency Conab recently trimmed its twenty twenty five to twenty twenty six soybean harvest estimate slightly, but it is still looking at a record crop well above one hundred seventy million tons. At the same time, China’s Sinograin is auctioning off state soybean reserves to make room for incoming United States supplies, which tells you that physical beans are available and space is tight.

So what can you do with all this if you are a farmer, trader, or end user watching soybean prices. A few quick, practical takeaways.

First, if you are a producer and this downtrend continues toward that technical support zone around ten dollars and sixty eight cents that ADM Investor Services is watching, think about whether you want to scale in some sales on any short term bounce, rather than waiting for the perfect high. Use your cost of production as your anchor.

Second, if you are a buyer, like a feed user or processor, this pullback in soybean futures and relatively weaker soybean meal prices, as reported by DTN, can be an opportunity to lock in some coverage before South American weather or fresh Chinese buying turns the market higher again.

Third, keep an eye on a few key search terms and indicators every day: soybean futures price, Chicago Board of Trade soybeans, USDA export sales, Chinese soybean demand, and Brazil soybean crop forecast. Building a simple routine around those data points can help you make faster, more confident decisions.

That is it for today’s Daily Soybeans Price Tracker with Vanessa Clark. Thanks so much for hanging out with me and staying on top of the latest soybean market news and prices. Be sure to subscribe, share this with a friend who cares about grain markets, and tune in next time for your daily soybean price update.

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