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CBOT soybeans lower on trade deal uncertainty

ReutersOct 14, 2025 6:38 PM

- Chicago Board of Trade soybean futures fell on Tuesday as traders remained unsure whether a potential Washington-Beijing trade deal would revive Chinese purchases of U.S. beans.

  • CBOT November soybeans SX25 settled 1-1/4 cents lower at $10.06-1/2 per bushel.

  • CBOT December soymeal SMZ25 was 20 cents higher at $274.30 per short ton while December soyoil BOZ25 fell 0.03 cent to end at 50.57 cents per pound.

  • Trade attention is locked on China, the biggest soybean importer, which has halted purchases from the United States and is buying from South America instead.

  • U.S. President Donald Trump appeared over the weekend to dash hopes of a trade deal but he and other U.S. officials have softened their rhetoric.

  • Meanwhile, an ongoing government shutdown that has deprived market players of crucial data on exports, demand and harvest progress has made traders cautious to make big moves in the market.

  • Brazil's soybean planting for the 2025/26 season reached 14% of the expected area as of Thursday, marking the third-fastest progress for the date in the world's largest producer and exporter, agribusiness consultancy AgRural said on Monday.

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