Global oilseed market: U.S. soybeans rise as trade tensions between China and the United States ease

Published 2025년 4월 28일

Tridge summary

The article provides an overview of the global agricultural market, focusing on the fluctuation in soybean futures and prices across various regions such as Chicago, Euronext, Canada, Argentina, and China. It highlights the effects of tariffs on Indonesia and Japan's trade with the U.S. and the potential impact on agricultural exports. The article also discusses the impact of weather conditions on spring planting progress in the U.S. and forecasts lower than normal rainfall in the Midwest to speed up planting. Additionally, it notes the market's interest in the northern hemisphere's spring planting progress and the influence of trade negotiations between China and the U.S. on soybean prices.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

On Friday (April 25), the July soybean futures contract of the Chicago Board of Trade (CBOT) closed at US$10.5925 per bushel, up 1.1% from a week ago; the average price of soybeans in the US Gulf for May shipment was US$11.2675 per bushel, up 0.9%; the July soybean meal closed at US$298.5 per short ton, down 1.52%; the July soybean oil closed at 49.81 cents per pound, up 3.04%; the August rapeseed futures contract of Euronext closed at 470.50 euros per ton, down 1.4%; the July rapeseed futures contract of Canada closed at 701.8 Canadian dollars per ton, up 3.9%; the FOB spot price of soybeans in Upper River, Argentina, was 1.355777 yuan, down 1.7%; the FOB spot price of soybeans in Upper River, Argentina was 1.35577 yuan, down 1.7%; the FOB spot price of soybeans in Upper River, Argentina was 1.35577 yuan, down 1.7%; the FOB spot price of soybeans in Upper River, Argentina was 1.35577 yuan, down 1.7%; the FOB spot price of soybeans in Upper River, Argentina was 1.35577 yuan, up ...

Source: Foodmate