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CBOT soybeans end lower on outside market weakness

ReutersJan 20, 2026 9:40 PM

- Chicago Board of Trade soybean futures fell after choppy trade on Tuesday as investors uneasily eyed tensions between the U.S. and Europe and competition came from South America.

  • CBOT March soybeans SH26 settled down 4-3/4 cents at $10.53 per bushel.

  • CBOT March soymeal SMH26 closed up $1.60 at $291.60 per short ton.

  • CBOT March soyoil BOH26 fell 0.05 cent to 52.56 cents per pound.

  • Shares slid along with the dollar as investors fretted over a standoff between U.S. President Donald Trump and European allies that Trump has threatened with tariffs if they oppose his aim to take control of Greenland. MKTS/GLOB

  • Expectations of a large Brazilian soybean crop continue to hang over the market, capping rallies. Consultancy Safras & Mercado raised its forecast of Brazil's 2025/26 soybean harvest to 179.28 million metric tons, up from its previous projection of 178.76 million tons.

  • China has bought about 12 million metric tons of U.S. soybeans since a bilateral trade truce in late October, fulfilling a commitment cited by U.S. officials, according to traders. GRA/

  • But traders expect Chinese importers to revert to buying mainly South American soybeans as Brazil's harvest gets going.

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