tradingkey.logo

CBOT soybeans falter ahead of USDA report

ReutersAug 8, 2025 7:05 PM

- Chicago Board of Trade soybean futures tipped lower on Friday as traders shifted focus toward monthly USDA supply and demand projections due on Tuesday.

  • The report will be closely watched for revisions to expected U.S. corn and soybean production.

  • Expectations of plentiful supply have weighed heavily on prices as growing conditions for U.S. corn and soybeans appeared ideal.

  • However, low soybean prices have sparked some demand for the U.S. oilseed.

  • CBOT November soybeans SX25 settled 6-1/4 cents lower to $9.87-1/2 per bushel.

  • CBOT September soymeal SMU25 rose 50 cents to settle at $276.60 per short ton.

  • CBOT September soyoil BOU25 ended 0.79 cent lower to 52.71 cents per pound.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

Tradingkey
KeyAI