Soybean prices today
Soybean prices connect three markets at once: the beans, the oil and the meal. Expana assesses US soybeans priced cif Rotterdam, follows CBOT futures and covers the linked oil and meal markets, together with soybean market forecasts and intelligence.
Commentary on Chinese buying, South American crops and US crush helps crushers, feed buyers and traders understand what is driving each move.
Soybean price chart
| Date | Price (USD/mt) | MoM % | QoQ % | YoY |
|---|---|---|---|---|
| Unlock Unlock our soybean prices and future forecasts. | ||||
| 480 | ↓ 4.0% | ↓ 2.0% | — | |
| 500 | ↑ 1.0% | ↑ 5.3% | — | |
| 495 | ↑ 1.0% | ↑ 6.5% | — | |
| 490 | ↑ 3.2% | ↑ 5.4% | — | |
| 475 | ↑ 2.2% | ↓ 3.1% | — | |
| 465 | → 0.0% | — | — | |
| 465 | ↓ 5.1% | — | — | |
| 490 | — | — | — | |
Expana: independent soybean prices from bean to oil and meal
Specialist reporters assess US soybeans cif Rotterdam and fob Gulf from market indications, and we track CBOT soybean, CME soybean meal and CME soybean oil contracts alongside. Commentary follows Chinese buying, Argentine supply and US crush.
Soybean coverage is led by Kyle Holland, Senior Market Reporter, Oilseeds & Vegetable Oils. Explore related coverage on our oilseeds and meal, soybean oil prices and vegetable oils pages.
Soybean, oil and meal benchmarks
Over 300 soybean series plus oil and meal, with Expana Benchmark Prices for US soybeans, soybean oil in Europe and Brazil, and soybean meal in Milan and Brazil.
Core and algorithmic forecasts
Core forecasts on CBOT soybeans, CME soybean meal and CME soybean oil with targets, bands and a buyer hedging indicator, and algorithmic forecasts on other series.
Product, origin and exchange coverage
Whole soybeans, crude and refined soybean oil, and soybean meal across the US, Brazil, Argentina, Europe and China, with CBOT, CME and Dalian futures.
Crush, crop and weather signals
US harvest and crush, Argentine crop and exports, Chinese buying, and US soybean-area temperature and precipitation, alongside crude oil, natural gas and euro cost drivers.
Price history and trends
Long-run price history, with month, quarter and year-on-year comparisons.
Market commentary
Global Monthly Soybean and Soybean Oil Market Insight, plus analysis of Chinese buying, Argentine supply and US crush.
How we cover the soybean market:
Soybean price forecast
Soybean prices move with US harvest and crush, South American crop size, Chinese buying and the value of soybean oil and meal. Expana’s soybean forecasts help you judge where prices may move next.
- A Core forecast on the CBOT soybean contract, with price targets, bands and a buyer hedging indicator.
- Near-term direction from Chinese buying, export flows and US crush.
- Supply signals from the US harvest and from Argentine crop outlooks, including El Niño conditions.
- Linked markets and cost inputs, including soybean oil, crude oil, natural gas and the euro.
- Commentary explaining each move and any shift in the outlook.
Forecasts are forward-looking and are not a guarantee of future prices. See the forecast disclaimer.
Our soybean forecasting methodology
Soybean market forecasts at Expana link currency, energy and trade signals to crop and crush fundamentals, then check them against the chart.
- Macroeconomic signals
We track exchange rates, energy prices and trade flows that move soybean markets. - Technical indicators
Moving averages, MACD and RSI help us read trend and momentum in futures and physical prices. - Fundamental analysis
We weigh US harvest and crush, South American supply and Chinese demand against a fair value band.
Crushers, feed buyers and traders can use it to support hedging, budgeting and contract timing.
Looking for full insights on the soybean market? Get a demo today.
Latest soybean news and insights
Analysis from our oilseeds experts.
Soybean Market FAQs
What drives soybean prices?
Soybean prices respond to US harvest and crush, South American crop size, Chinese buying and the value of soybean oil and meal. Energy prices and exchange rates also affect landed cost into Europe.
Why does Chinese buying matter for soybean prices?
China is a major buyer of US soybeans, so a return or pause in state and private purchasing can shift export demand and prices quickly.
What soybean benchmarks does Expana cover?
Expana covers US yellow soybean no. 2 cif Rotterdam and fob Gulf, plus CBOT soybean, CME soybean meal and CME crude soybean oil contracts.
What factors influence soybean price forecasts?
Key factors include harvest and crush, South American supply, Chinese demand, soybean oil and energy prices, weather and technical signals such as moving averages and RSI.
What is the soybean price forecast?
A soybean price forecast is a forward-looking view of how prices may develop over a set period. Expana’s Core forecast on the CBOT soybean contract provides price targets, bands and commentary. Forecasts are not a guarantee of future prices; see the forecast disclaimer.
Essential intelligence for industry professionals
Expana delivers essential intelligence to industry professionals across oilseeds markets, ensuring business leaders stay informed about the latest prices and industry trends, enabling them to effectively navigate disruptions, manage prices, and deliver value to their customers.