Soybeans fell to 1,003.90 USd/Bu on October 14, 2025, down 0.38% from the previous day. Over the past month, Soybeans's price has fallen 3.73%, but it is still 1.30% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Soybeans - values, historical data, forecasts and news - updated on October of 2025.

Soybean futures closed slightly higher as traders weighed dry weather forecasts, export sales expectations, and yield data from the ProFarmer Crop Tour showing mixed pod counts.

This data product provides three Excel file spreadsheet models that use futures prices to forecast the U.S. season-average price received and the implied CCP for three major field crops (corn, soybeans, and wheat).

Using Futures Prices to Forecast the Season-Average Price and Counter-Cyclical Payment Rate for Corn, Soybeans, and Wheat

Farmers and policymakers are interested in the level of counter-cyclical payments (CCPs) provided by the 2008 Farm Act to producers of selected commodities. CCPs are based on the season-average price received by farmers. (For more information on CCPs, see the ERS 2008 Farm Bill Side-By-Side, Title I: Commodity Programs.)

This data product provides three Excel spreadsheet models that use futures prices to forecast the U.S. season-average price received and the implied CCP for three major field crops (corn, soybeans, and wheat). Users can view the model forecasts or create their own forecast by inserting different values for futures prices, basis values, or marketing weights. Example computations and data are provided on the Documentation page.

Spreadsheet Models

For each of the three major U.S. field crops, the Excel spreadsheet model computes a forecast for:

1. the national-level season-average price received by farmers and
2. the implied counter-cyclical payment rate.

Note: the model forecasts are not official USDA forecasts. See USDA's World Agricultural Supply and Demand Estimates for official USDA season-average price forecasts. See USDA's Farm Service Agency information for official USDA CCP rates.This record was taken from the USDA Enterprise Data Inventory that feeds into the https://data.gov catalog. Data for this record includes the following resources: Webpage with links to Excel files For complete information, please visit https://data.gov.

Analysis of the decline in soybean, corn, and wheat futures on CBOT, driven by favorable weather and increased global production forecasts from IndexBox data.

Soybean prices declined amid mixed market activity, with traders anticipating USDA reports and analyzing weather impacts on crop yields.

The Soybean Market Report is Segmented by Geography (North America, Europe, Asia-Pacific, and More). The Report Includes Production Analysis (Volume), Consumption Analysis (Value and Volume), Export Analysis (Value and Volume), Import Analysis (Value and Volume), and Price Trend Analysis. The Market Forecasts are Provided in Terms of Value (USD) and Volume (Metric Tons).

Corn rose to 411.44 USd/BU on October 14, 2025, up 0.17% from the previous day. Over the past month, Corn's price has fallen 2.79%, but it is still 2.54% higher than a year ago, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Corn - values, historical data, forecasts and news - updated on October of 2025.

This statistic depicts the average annual prices for soybeans from 2014 through 2026*. In 2024, the average price for soybeans stood at 462 nominal U.S. dollars per metric ton.

Soybean and soy product futures declined due to expectations of weak export sales data and forecasts for minimal rainfall in key US growing regions, impacting crop conditions and demand.

China Settlement Price: Dalian Commodity Exchange: Soybean, Number 2: 1st Month data was reported at 3,463.000 RMB/Ton in Apr 2025. This records a decrease from the previous number of 3,900.000 RMB/Ton for Mar 2025. China Settlement Price: Dalian Commodity Exchange: Soybean, Number 2: 1st Month data is updated monthly, averaging 3,900.000 RMB/Ton from Dec 2004 (Median) to Apr 2025, with 245 observations. The data reached an all-time high of 5,907.000 RMB/Ton in Mar 2022 and a record low of 2,100.000 RMB/Ton in Feb 2006. China Settlement Price: Dalian Commodity Exchange: Soybean, Number 2: 1st Month data remains active status in CEIC and is reported by Dalian Commodity Exchange. The data is categorized under China Premium Database’s Financial Market – Table CN.ZB: Dalian Commodity Exchange: Commodity Futures: Settlement Price.

United States Open Interest: CBOT: Agricultural Futures: Soybean Meal data was reported at 465,140.000 Contract in Nov 2018. This records a decrease from the previous number of 535,433.000 Contract for Oct 2018. United States Open Interest: CBOT: Agricultural Futures: Soybean Meal data is updated monthly, averaging 179,167.000 Contract from Jan 1996 (Median) to Nov 2018, with 275 observations. The data reached an all-time high of 535,433.000 Contract in Oct 2018 and a record low of 75,639.000 Contract in Jul 1996. United States Open Interest: CBOT: Agricultural Futures: Soybean Meal data remains active status in CEIC and is reported by CME Group. The data is categorized under Global Database’s United States – Table US.Z022: CBOT: Futures: Open Interest.

The global Non-GMO soybean market is projected to reach a valuation of USD 73.5 billion by 2033, growing at a compound annual growth rate (CAGR) of 6.2% from 2025 to 2033.

Get the latest insights on price movement and trend analysis of Soybean Meal in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

United States Turnover: CBOT: Agricultural Futures: Soybean Meal data was reported at 2,470,186.000 Contract in Nov 2018. This records a decrease from the previous number of 2,641,334.000 Contract for Oct 2018. United States Turnover: CBOT: Agricultural Futures: Soybean Meal data is updated monthly, averaging 599,614.000 Contract from Jan 1985 (Median) to Nov 2018, with 407 observations. The data reached an all-time high of 3,466,917.000 Contract in Feb 2018 and a record low of 209,288.000 Contract in Nov 1986. United States Turnover: CBOT: Agricultural Futures: Soybean Meal data remains active status in CEIC and is reported by CME Group. The data is categorized under Global Database’s United States – Table US.Z021: CBOT: Futures: Turnover.

This article provides a detailed update on soybean trading, covering recent price movements, weather impacts, and key export sales data, along with market forecasts.

Learn more about the Soybean Market Report by Market Research Intellect, which stood at USD 90 billion in 2024 and is forecast to expand to USD 130 billion by 2033, growing at a CAGR of 5.5%.Discover how new strategies, rising investments, and top players are shaping the future.

The global soybean protein market is projected to reach a valuation of USD 15.3 billion by 2033, growing at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2033.

Soybean futures declined on lower crop ratings and yield projections. The USDA reported a 4% drop in good-to-excellent conditions, while the national average cash price fell.

The global soybean by-products market is estimated to be valued at USD XXX million in 2025 and is projected to reach USD XXX million by 2033, exhibiting a CAGR of XX% during the forecast period. The growing demand for plant-based proteins, increasing awareness of health benefits associated with soybean products, and the expansion of the food and beverage industry are major factors driving market growth. Additionally, government initiatives to promote the use of renewable and sustainable resources are expected to further contribute to market expansion. Key trends shaping the soybean by-products market include the rising popularity of plant-based meat alternatives, the increasing demand for functional foods and beverages, and the development of innovative technologies for processing and extracting soybean by-products. Furthermore, the rising consumption of processed foods and the growing awareness of the nutritional value of soybean by-products are anticipated to drive market growth. The Asia Pacific region is projected to hold a significant market share due to the increasing population and growing demand for plant-based proteins in countries such as China, India, and Japan.

The global soybean meal market is projected to grow from USD 103.3 billion in 2025 to USD 165.3 billion by 2035, registering a CAGR of 4.8%. The market expansion is being driven by the increasing demand for protein-rich animal feed and the rising popularity of plant-based diets.