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Soybean Scoop: China Chatter, Weather Woes & What's Next

Soybean Scoop: China Chatter, Weather Woes & What's Next

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This is your Daily Soybeans Price Tracker with Vanessa Clark podcast.

Welcome back to the Daily Soybeans Price Tracker, I am Vanessa Clark, here to help you stay up to date on everything you need to know about soybeans, soybean trading, and what’s moving the global soybean markets right now.

Today is Tuesday, November fourth, twenty twenty-five, and here is your latest update. The most recent news shows that soybean prices have slipped a bit, coming in at eleven dollars and fourteen cents per bushel at the close, down nearly half a percent from the previous day. This dip comes after a rally that pushed soybeans up past eleven dollars per bushel for the first time since early July, fueled by optimism around the new trade pact between the United States and China.

According to Trading Economics, soybean prices have made a strong recovery over the past month, up nine and a half percent, and are twelve percent higher than a year ago. That’s a pretty remarkable turnaround given how rocky the market has felt since last spring. November futures settled recently at eleven dollars and almost twenty cents per bushel, gaining some ground on news of China halting new tariffs and promising to buy at least twelve million metric tons of US soybeans by year end, and at least twenty-five million tons annually over the next three years. That headline alone gave traders a burst of enthusiasm, but there’s been some backpedaling as the market now waits for real evidence of renewed Chinese buying activity.

Ag analysts say the real wildcard this week is whether China follows through. There’s a lot of attention on official inspection data to see if soy shipments are actually headed to Chinese ports. For now, traders are still looking for concrete signals — and until those purchases are confirmed, the price could remain under some pressure. Many in the market are also watching conditions in Brazil and Argentina. Dry weather in central Brazil and parts of Argentina has been supportive for prices, but for now, farmers are focused on planting and holding onto their soybeans, waiting for higher prices down the road. Meanwhile, global supply remains tight after a big US harvest, which leaves the market less able to absorb any surprise demand spikes.

Here in the US, attention will soon turn to the next USDA Crop Production report and World Agricultural Supply and Demand Estimates set for November fourteenth. These updates are expected to give traders the first official take on how the China trade deal might be impacting demand and future price forecasts.

So what does all this mean for you? If you are marketing soybeans, keep a close eye on export flows, especially out of Pacific Northwest ports headed for Asia. Prices could be volatile as the market awaits confirmation of those big Chinese purchases. If you are a grower, consider your forward contracts, as the rally over the last month may offer some attractive pricing windows compared to earlier this fall.

And for anyone just looking to understand soybean price trends, the global market is definitely dynamic right now. The US-China relationship, weather in South America, and macroeconomic moves can all swing prices quickly.

That’s it for your Daily Soybeans Price Tracker update. I’m Vanessa Clark. Thank you for tuning in and spending a few minutes with me today. Be sure to subscribe, share the show with fellow ag fans, and join me again next time for more essential soybean news and practical updates to help you navigate this ever-changing market. Talk soon.

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