CBOT soybeans settle higher on Iran conflict
ReutersMar 3, 2026 9:21 PM
CHICAGO, March 3 (Reuters) - Chicago Board of Trade soybean futures spent the session seesawing but settled higher on Tuesday under support from gains in the crude oil market amid the ongoing war in the Middle East.
Crude oil prices rose for a third session as the U.S.-Israeli conflict with Iran widened.
However, concerns over Chinese demand and competition from Brazil kept a lid on prices.
Uncertainty around the Middle Eastern conflict has discouraged traders from making big moves, market players said.
CBOT May soybeans SK26 rose 6-1/2 cents to end at $11.70-1/2 per bushel.
CBOT May soyoil BOK26 rose 0.08 cent to end at 62.82 cents per pound.
CBOT May soymeal SMK26 ended $1.80 higher to $314.70 per short ton.
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