Archive · 2 Aug 2025
Soybean Futures Decline Amidst Harvest, Trade Uncertainty
Imagine farmers growing lots of soybeans and corn this year because the weather is nice.
This might make prices go down.
The United States is trying to make a trade deal with China, who buys a lot of soybeans, but it's not completely done yet.
Because of trade uncertainty and a possible big harvest, soybean prices have fallen recently.
A buyer in China is purchasing soy products from Argentina, looking for cheaper options.
Wheat and corn prices are also down because farmers are harvesting a lot right now.
Soybean futures finished flat on Friday, with a second weekly decline.
Farmers anticipate large soybean and corn harvests due to favorable weather.
China, the biggest soy buyer, faces a deadline for a tariff agreement with the U.S.
A Chinese buyer secured a deal for Argentine soymeal imports due to lower prices.
Wheat and corn futures also declined, influenced by harvest supplies and trade concerns.
- Who
- The report concerns soybean, wheat, and corn futures.
- What
- Soybean and other agricultural commodity futures experienced declines.
- When
- Futures finished flat on Friday, with losses for the week.
- Where
- Chicago Board of Trade (CBOT).
- Why
- Due to expectations of large harvests, trade uncertainties, and global supply concerns.
U.S. Farmers
Market Analysts
Tariffs Impact
U.S. Farmers
Concerned about impact of tariffs on exports and income.
Market Analysts
N/A
- Soybean Futures
- $9.89-1/4 a bushel
- Weekly Soybean Decline
- About 3.1%
- Wheat Futures
- $5.16-3/4 per bushel
- Corn Futures
- $4.10-3/4 a bushel
- China Tariff Deadline
- August 12
- Argentina Soymeal Deal
- 30,000 metric tons