Record crush in the USA pressures global soybean market

Even with a drop in prices in Chicago, soybeans still present appreciation compared to the same period in 2024, sustained by the high crushing in the United States. The International Center for Economic Analysis and Agricultural Market Studies (CEEMA) reports that the soybean price in Chicago closed the week at US$ 10.52 per bushel, accumulating a drop in the last two weeks but still above the US$ 9.51 recorded a year earlier. The highlight is the record crushing in the US, which reached 5.88 million tons in November — an increase of 11.8% compared to 2024. Soybean oil stocks rose 40%, reaching the highest volume in seven months. Despite the pressure ...