Global oilseed market: U.S. soybeans fall to five-week low, as market is overshadowed by export demand concerns

게시됨 2025년 12월 8일

Tridge 요약

Core tip: According to foreign media on December 7, as of the week ending December 5, the global oilseed market has been shaken and declined under multiple pressures, as the market doubts whether China's purchasing pace can achieve the target announced by the United States, while soybeans in the Southern Hemisphere are expected to have a bumper harvest, and the production of canola seeds in China and Australia is estimated to increase, further strengthening the expectation of sufficient global oilseed supply.

원본 콘텐츠

On Friday, December 5, the January soybean futures on the Chicago Board of Trade (CBOT) closed at $11.0525 per bushel, down 2.9% from a week earlier; the average spot price of No. 1 soybeans in the U.S. Gulf was $11.8075 per bushel, down 1.9%. March soybean meal closed at $307.4 per short ton, down 3.6%; March soybean oil closed at 51.69 cents per pound, down 0.7%; February rapeseed futures on the Euronext exchange closed at 476.50 euros per ton, down 1.4%; Canadian January canola closed at 617.9 Canadian dollars per ton, down 5.04%; the spot FOB price of Upper River soybeans in Argentina was $428 per ton (including 33% export tax), down 3.17%. The ICE U.S. Dollar Index closed at 98.968 points, down 0.44% from a week earlier. The key turning point of the week's market was the market's sluggish response to Chinese purchases. Although the U.S. Department of Agriculture confirmed on Friday that China had sold 462,000 tons of soybeans, traders generally believed this was a drop in the ...

출처: Foodmate