Global oilseed market: Strong export sales, U.S. soybeans rebound from two-month low

Published 2025년 12월 29일

Tridge summary

Key point: According to foreign media on December 28, as of the week ending December 26, most of the global oilseed market rose, with Chicago soybean futures rebounding from a two-month low reached last week, mainly due to active short-covering at the end of the year. Analysts estimate that China has purchased 8 million tons of U.S. soybeans, far exceeding the data confirmed by the U.S. government. The rise in international crude oil and the weakening dollar also contributed to the boost in soybean prices. However, a bumper harvest of soybeans in South America is expected, and the ample global oilseed supply limits the upside potential of the oilseed market.

Original content

On Friday (December 26), March soybean futures on the Chicago Board of Trade (CBOT) closed at $10.725 per bushel, up 1.2% from a week earlier; January shipment soybeans in the U.S. Gulf averaged $11.41 per bushel, up 0.2%. March meal futures closed at $307.4 per short ton, up 2.1%; March soyoil closed at 49.22 cents per pound, up 1.6%; Euronext February rapeseed futures closed at 450.00 euros per ton, down 0.9%; Canadian March canola closed at 611.5 Canadian dollars per ton, up 3.1%; Argentine Parana River soybean FOB spot prices were $410 per ton (including a 33% export tax), up 0.7%. The ICE U.S. Dollar Index closed at 97.698 points, down 0.6%. China may have already bought 8 million tons of U.S. soybeans This week, the U.S. Department of Agriculture only confirmed one sale of soybeans to China, reporting on Monday the sale of 396,000 tons of U.S. soybeans to China, of which 330,000 tons will be delivered in the 2025/26 fiscal year and 66,000 tons in the 2026/27 fiscal year. ...

Source: Foodmate