Archive · 17 Nov 2025
Soybean, Corn Prices Fall Amid U.S. Crop Outlook
Farmers in the U.S. are having a big year for corn and soybean crops.
Because there's so much of it, the prices for these crops are going down.
The U.S. government also said they think there will be less of these crops than they first thought, but it's still going to be a lot.
China, a big buyer of these crops, has been buying some, but not as much as people were hoping for.
This is making the prices go down too.
Chicago soybeans reached a one-week low, and corn prices fell.
U.S. farmers expected to produce record corn and soybean crops.
USDA slightly reduced U.S. corn and soybean production estimates.
China made modest soybean purchases from the U.S. in late October and early November.
Market sentiment affected by U.S. harvest outlook and Chinese imports.
- Who
- U.S. farmers, the USDA, Chinese buyers
- What
- Soybean and corn prices dropped due to forecasts of large U.S. harvests and slower Chinese buying.
- When
- Monday, with data from late October and early November.
- Where
- Chicago Board of Trade (CBOT) and U.S. agricultural markets.
- Why
- Expectations of a record U.S. corn crop and slightly lowered production forecasts for corn and soybeans by the USDA, coupled with a slower pace of Chinese purchasing and uncertainty around a previously announced large purchase.
Bullish on U.S. Crops
Bearish on Chinese Imports
U.S. Harvest Outlook
Bullish on U.S. Crops
Record crops lead to lower prices.
Bearish on Chinese Imports
Modest Chinese purchases support prices.
- Soybean Price
- $11.22 per bushel (down 0.2%)
- Corn Price
- $4.29-1/4 per bushel (down 0.2%)
- Wheat Price
- $5.40-1/2 per bushel (down 0.2%)
- U.S. Corn Production Forecast
- 16.752 billion bushels
- U.S. Soybean Production Forecast
- 4.253 billion bushels
- China Soybean Sales (Oct 30)
- 100,000 metric tons for 2025/2026 delivery
- China Soybean Sales (Nov 3)
- 232,000 metric tons for 2025/2026 delivery