empty
 
 

2026.01.3016:00:36UTC+00Soybeans Retreat from Mid-December Highs

Soybean futures have dipped below $10.65 per bushel, pulling back from their peak since mid-December. This adjustment comes as the market navigates the dynamics of a stronger US dollar and abundant supply from South America, weighed against persistent weather-related concerns. The US dollar, recovering from its recent decline, has curtailed commodity demand, thereby limiting upward movement despite still-tight nearby spreads. On the supply front, predictions of a record harvest in Brazil are restraining price increases. Brazil is anticipated to lead global exports through the first half of 2026, driven by competitive pricing and plentiful stock. Meanwhile, demand indicators are showing variability; China is expected to continue prioritizing Brazilian exports despite having satisfied a substantial portion of its US purchasing targets following the late-October trade agreement. Simultaneously, hot and dry weather across key agricultural areas in Argentina is being closely monitored, providing some support amid fears of potential yield reductions.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $10000 more!
    In January we raffle $10000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback