Soybeans: recovery in Chicago does not ward off downward trend

Published 2025년 10월 3일

Tridge summary

According to an analysis by the International Center for Economic Analysis and Agricultural Market Studies (Ceema), published this Thursday (3), the soybean quotes in Chicago had a sharp drop at the turn of September to October, following the movement of the previous week. The bushel of the oilseed reached US$ 10.01 on the 30th, but the next day it started to rise again, closing Thursday (2) at US$ 10.23, compared to US$ 10.12 a week earlier.

Original content

According to an analysis by the International Center for Economic Analysis and Agricultural Market Studies (Ceema), published this Thursday (2), soybean prices in Chicago saw a sharp decline at the turn of September to October, following the trend of the previous week. The bushel of the oilseed reached US$ 10.01 on the 30th, but the following day it started to rise again, closing Thursday at US$ 10.23, compared to US$ 10.12 a week earlier. The average for September closed at US$ 10.19 per bushel, registering a 1.4% increase compared to August, after three consecutive months of contraction. For comparison, in September 2024 the average was US$ 10.14. Ceema assesses that this performance allows for the possibility of market stabilization, following intense fluctuations between 2020 and 2023. The quarterly stocks report, released on October 1, pointed to an 8% decline in soybeans compared to the September position, a factor that contributed to the partial recovery of prices. ...

Source: Agrolink