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CBOT soybeans rise on a slow Brazil harvest launch

ReutersJan 21, 2026 7:45 PM

- Chicago Board of Trade soybean futures climbed on a slow start to the South American harvest as talks between U.S. and Chinese officials boosted export sentiment and shifted attention from a diplomatic dispute over Greenland. GRA/

  • CBOT March soybeans SH26 settled up 11-1/2 cents at $10.64-1/2 cents per bushel.

  • CBOT March soymeal SMH26 closed down $0.20 at $291.40 per short ton.

  • CBOT March soyoil BOH26 rose 1.75 cent to 54.01 cents per pound.

  • Northern Brazilian showers are interrupting fieldwork at times, but serious slowdowns are not expected in the next weeks, according to forecaster Commodity Weather Group.

  • U.S. Treasury Secretary Scott Bessent said he had met with Chinese Vice Premier He Lifeng, in what he called "positive" talks, adding that his Chinese counterpart had confirmed the completion of an initial U.S. soybean purchase commitment, which Washington has put at 12 million tons.GRA/

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