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CBOT soybeans fall as traders monitor tariff developments

ReutersMar 25, 2025 7:24 PM

- Chicago Board of Trade soybean futures eased on Tuesday as traders monitored U.S. import tariff negotiations, demand from China fell and a large crop was expected in South America, according to analysts.

  • CBOT May soybeans SK25 settled down 5-1/2 cents to $10.01-3/4 per bushel.

  • CBOT May soymeal SMK25 ended $2.50 lower at $295.10 per short ton and May soyoil BOK25 rose 0.15 cent to 42.30 cents per pound.

  • Demand for U.S. soybeans from China was weak amid U.S.-China trade tensions and an advancing Brazilian harvest, according to analysts.

  • Analysts said traders are monitoring tariff negotiations between the United States and its leading agricultural trading partners: Canada, Mexico and China.

  • Traders are positioning ahead of the U.S. Department of Agriculture's grain stocks and prospective plantings reports on March 31, according to analysts.

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