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CBOT soybeans down as traders assess Chinese demand

ReutersAug 25, 2025 8:18 PM

- Chicago Board of Trade soybean futures fell on Monday after hitting two-month highs on Friday, as industry players lost confidence that Chinese buyers would purchase U.S. soybeans, while dealers assessed exemptions granted to U.S. crude oil refiners for use of soy-based biofuels.

  • On Sunday, Beijing's ambassador to Washington said U.S. protectionism was undermining agricultural cooperation with China and warned that farmers should not bear the price of the trade war between the world's two largest economies.

  • Industry players have lost hope that China will buy U.S. soybeans this year as tensions grow between the two countries.

  • The U.S. Environmental Protection Agency on Friday approved most backlogs of requests by small oil refineries for exemptions to compulsory biofuel use, raising concerns over reduced demand for renewable fuels often produced from soy.

  • CBOT November soybeans SX25 settled 10-3/4 cents lower to $10.47-3/4 per bushel.

  • CBOT December soymeal SMZ25 fell 60 cents to end at $290.90 per short ton.

  • CBOT December soyoil BOZ25 fell 0.45 cent to settle at 54.87 cents per pound.

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