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CBOT soy rises as traders await USDA data

ReutersNov 12, 2025 8:05 PM

- Chicago Board of Trade soybean futures firmed as traders adjusted positions ahead of the U.S. Department of Agriculture's release of domestic and global supply and demand data, the first since the government shutdown. Gains were capped amid a lack of large-scale purchases by China, the world's biggest importer of the oilseed.

  • CBOT January soybeans SF26 settled 6-1/2 cents higher at $11.33-3/4 per bushel.

  • CBOT December soymeal SMZ25 ended $4.10 higher at $321.00 per short ton and December soyoil BOZ25 fell 0.48 cent to settle at 50.62 cents per pound.

  • A poll of analysts pegged the U.S. soybean yield at 53.1 bpa, below USDA's September 12 estimate of 53.5 bpa.

  • China started modest purchases of U.S. farm products after a meeting of leaders of both countries, but traders still await more significant soybean buying after the White House said Beijing pledged to buy 12 million tons by the end of 2025.

  • A Reuters poll of analysts estimated export sales of soybeans for the week ended Nov. 6 at 450,000-1,600,000 metric tons.

  • The release of export sales data by the USDA has been suspended because of the ongoing U.S. government shutdown.

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