CBOT soybeans set lowest price since August
Bullish strength: 20/100
- USDA reported 1.5 million metric tons of soybean export sales for 2026/27.
- China remains open to purchasing more US agricultural goods if the reciprocal tariff-cut agreement is implemented.
Bearish strength: 80/100
- Soybean futures reached their lowest level since August 12.
- Massive US production is weighing on soybean prices.
- Analysts expect the USDA to increase its production estimate to a record 4.597 billion bushels.
- January soybean futures fell 14 cents to $11.88-1/4 per bushel.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.