Soybean prices are soaring, reaching new heights even amidst the ongoing trade tensions between the US and China. But why?
On November 13, 2025, the price of US soy futures reached a 17-month high, despite the uncertainty surrounding China's agricultural purchases from the US. This is happening even though there are concerns about the pace of China's buying. Traders are keeping an eye on the US Department of Agriculture's report, due out on Friday, which could show a cut in yields, further pushing prices up.
Soybean contracts for January delivery saw an increase of up to 0.4% on Thursday, hitting their highest point since June 2024. These prices are similar to those seen after US President Donald Trump announced late last month that China would buy 12 million tons of American soybeans before the year's end, as part of a trade truce.
And this is the part most people miss... It seems that only a small portion of that agreement has been fulfilled so far.
What do you think? Do you believe the trade dynamics between the US and China will continue to influence soybean prices? Share your thoughts in the comments!
