Soybean futures slip as China demand lags - CBOT
Traders await key USDA crop report later this week
12 November 2025
1 minute read
By: Chicago Board of Trade (CBOT) soybean futures fell for the first time in three sessions on Tuesday, pressured by a lack of large-scale purchases from China, the world’s biggest importer of the oilseed, despite earlier US assurances, reported Reuters.
CBOT January soybeans settled 2-3/4 cents lower at $11.27-1/4 per bushel. December soymeal ended $3.10 lower at $316.90 per short ton, while December soyoil rose 0.52 cent to 51.10 cents per pound.
China began modest purchases of US farm products following a meeting between the two countries’ leaders, but traders still await larger soybean deals after the White House said Beijing pledged to buy 12 million tons by the end of 2025.
Market participants are also adjusting positions ahead of Friday’s US Department of Agriculture (USDA) world crop supply and demand reports, the first since September following the government shutdown.
Analysts expect US soybean yields to average 53.1 bushels per acre, slightly below the USDA’s September estimate of 53.5. The US soybean harvest is nearly complete.
