WASHINGTON, D.C. (RFD-TV) — Soybean prices are facing pressure following their worst monthly performance of the year.
According to Farm Futures analysts, soybean futures fell nearly 6% last month as USDA projects a record yield of 53.1 bushels per acre. Increased purchases from China and record domestic crushing demand could help support prices, though Brazil remains a major competitor, supplying about 80% of China’s soybean imports this year.
Despite the price pressure, USDA reports soybean shipments reached their highest weekly total of the marketing year at the end of October. New export sales, however, fell 44% from the previous week, even as China purchased 874,000 metric tons of soybeans.
Related Stories
StoneX Chief Commodities Economist Arlan Suderman says traders will be watching demand, South American weather, and geopolitical developments for the next market signals.
Farm Bureau analysis shows harvest prices finished above spring crop insurance prices for all four crops for only the second time since 2011.
Texas A&M AgriLife Extension grain marketing economist Mark Welch says several major demand categories continue to provide support.
Texas A&M AgriLife Extension grain marketing economist Mark Welch says 40 days of use has become an important dividing line for corn prices
Through September, U.S. ethanol exports reached 1.83 billion gallons, 14 percent above the same period in 2025. U.S. ethanol imports were zero in September.
USDA reports continued moisture shortages across the country following months of dry conditions.
