Soybeans fell to 1,159.50 USd/Bu on March 27, 2026, down 1.21% from the previous day. Over the past month, Soybeans's price has risen 0.83%, and is up 13.34% compared to the same time last year, 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 March of 2026.

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).

The Soybean Market size was valued at USD 199.63 billion in 2023 and is projected to reach USD 269.85 billion by 2032, exhibiting a CAGR of 4.4 % during the forecasts period. Recent developments include: In November 2023, Cargill’s integrated soybean crush and refined oils facility in Sidney, Ohio wrapped up the expansion and modernization project, which came online in September. This improved facility is intended to serve farmers better and fulfill the growing soy product demands across feed, food, and renewable fuel markets. , In November 2021, Ag Processing, Inc. (AGP) expanded soybean processing in Sergeant Bluff, Iowa, with a USD 72 million investment. The expansion benefited soybean producers in Iowa, South Dakota, Nebraska, and Minnesota by creating better markets for their products. AGP is seeking USD 1.5 million in state and local funding for the project. .

The soybean market size was USD 164.06 Billion in 2025, is projected to grow at a 4.10% CAGR, reaching USD 245.19 Billion by 2035.

The Soybean Market size was valued at USD 198.12 Million in 2023 and is projected to reach USD 318.14 Million by 2032, exhibiting a CAGR of 7.00 % during the forecast periods. Key drivers for this market are: Rising Consumption of Cashew Nuts in the Country, Favorable Government Initiatives. Potential restraints include: Hazardous Climatic Condition Hinders Cashew Production, Stringent Regulations Related to Food Quality Standards. Notable trends are: Increased Demand for the Byproducts of Soybean.

View monthly updates and historical trends for US Soybean Price. from United States. Source: World Bank. Track economic data with YCharts analytics.

Soybean prices Jan 2026: China USD 638/MT, India USD 746/MT, USA USD 723/MT. Market outlook.

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 production is highly concentrated geographically, with a few countries accounting for the majority of global output. Brazil and the United States consistently lead production. According to the forecast, in the marketing year 2025/26, Brazil was expected to produce 180 million metric tons of soybeans, slightly surpassing the United States. Other producers such as Argentina, China, India, and Paraguay contribute smaller shares, reflecting regional agricultural capacity and climate suitability. What drives soybean prices in global markets? Soybean prices have shown high volatility, with a notable spike between 2021 and 2023 and a steep decline in 2024. This was the result of a combination of supply disruptions, elevated input costs, and geopolitical instability. The war in Ukraine and the higher price for substitute products, such as sunflower oil, led to an elevated demand for soybean oil. Furthermore, increases in fertilizer and energy costs also increased expenses, pushing prices upward. Soybeans are among the major agricultural crops sown in the United States, behind only corn. They belong to the oilseed crops category, and their usage ranges from the animal food industry over human consumption to non-food products. The highest percentage of soybeans goes to the animal feed industry. The product portfolio intended for human consumption includes products such as soy milk, soy flour, or tofu. Global soybean trade is driven by strong demand for animal feed and vegetable oil. China is by far the largest importer, with volumes exceeding 100 million metric tons annually. Importances of soybeans in the U.S. agriculture Production practices show that U.S. farmers commonly cultivate soybeans in crop rotation with corn. More than ** percent of soybeans are grown in the upper Midwest. The United States reported Illinois, Iowa, and Minnesota as their leading soybean producing states. Historical data demonstrates that large-scale soybean production did not commence until the 20th century in the United States. However, the latest statistics illustrate that the acreage of the dominant oilseed crop has expanded rapidly. The certain increase in soybean acreage was supported by several factors, including low production costs and a higher number of 50-50 corn-soybean rotations. Furthermore, soybeans were one of the first crop types that achieved commercial success as bioengineered crops. The first genetically modified (GM) soybeans were cultivated in the United States in 1996. They possess a gene that confers herbicide resistance.

Explore how soybean futures quotes on the Chicago Mercantile Exchange (CME) play a crucial role in global agricultural markets, detailing how they help farmers, processors, and traders hedge against price volatility. Learn about the factors influencing futures prices and the importance of settlement prices and open interest in strategic planning and risk management.

The Non-GMO Soybean Market Report Segments the Industry Into Product (Whole Beans, Crushed Beans), Application (Soybean Meal, Soy Oil, Livestock Feed, Pharmaceuticals, Others), End User (Food and Beverages, Animal Feed, Others), and Geography (North America, Europe, Asia-Pacific, South America, Africa). Includes Historical Trends With Five-Year Forecasts.

The US Soybean Farming industry has navigated significant changes in the current period; for example, soybean prices determined the initial rise and recent decline in industry performance. These prices have been influenced by several key factors, including the growing demand for biofuels and mixed consumer perceptions regarding soy products. The demand for soybean oil in biofuel production has surged due to supportive policies like the Renewable Fuel Standard and rising crude oil prices, creating a lucrative market for soybean producers. However, subsequent drops in fertilizer and crude oil prices – along with record-high soybean production – have sharply dropped soybean prices, bringing revenue and profit down as farmers struggle to balance costs with lower incomes. Industry revenue has shrunk at a CAGR of 4.7% since 2021, with an anticipated increase of 3.2% in 2026, reaching an estimated $45.7 billion. Mounting challenges exist for US soybean exports, such as competitive pressures abroad and quickly evolving trade policy. Brazil’s increased soybean production and improved export infrastructure have strengthened its position as a major supplier – particularly to China, which is historically a major importer of American soybeans and is reducing its reliance on US soybean exports as a result. This compels American farmers to reassess their strategies to focus on market diversification and emphasizing quality and sustainability to remain competitive. Trade tensions throughout 2025 – such as those affecting key markets like the EU, Canada and China – have further complicated trade, impacting US farmers' access and pricing power in these vital markets. After three years of declines, global soybean prices are forecast to rise through the rest of 2026 as domestic supplies tighten and export markets are revitalized. Climate change’s potential impacts on crop yields through extreme weather and pest challenges, coupled with world supplies becoming more limited in the coming years, will push prices further upward alongside rising global demand. Subsidies will continue to play a central role in supporting farmers’ incomes amid these fluctuations, providing some stability to an otherwise highly volatile industry. Over the next five years, the industry is expected to grow at a CAGR of 1.3%, with revenues estimated to reach $48.7 billion by the end of 2031.

The soybean market is a complex and dynamic global market influenced by factors such as supply and demand dynamics, weather conditions, government policies, and global economic trends. This article explores the versatile uses of soybeans, the key drivers of the market, and the impact of factors such as increasing demand for soybean products and weather conditions. It also highlights the role of major soybean-producing countries and the importance of the soybean market in the agricultural and food industry.

The Soybean Meal Market Report is Segmented by Application (Animal Feed, and More) and by Geography (North America, South America, 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).

The current soybean market is influenced by various factors that impact both the demand and supply of this versatile crop. Understand the factors affecting the market, including trade tensions, increasing demand, weather conditions, and trade patterns.

Explore the dynamic global soybean market projected to reach $250 billion by 2025, driven by food, personal care, and animal feed sectors. Discover key trends, drivers, restraints, and regional growth opportunities.

snapshot-tab-pane Soybean Derivatives Market Size 2025-2029The soybean derivatives market size is forecast to increase by USD 134.5 billion, at a CAGR of 7.2% between 2024 and 2029.The market is experiencing significant growth due to the rising demand from lactose-intolerant and vegan consumers for alternative sources of protein. These consumers are increasingly turning to soybean derivatives, such as soy protein isolates and textured vegetable protein, as substitutes for dairy and meat products. Additionally, the animal feed industry is a major consumer of soybean derivatives, with soybean meal being a primary source of protein for livestock. However, the market faces challenges from the presence of soybean substitutes, such as pea and sunflower protein, which offer similar nutritional benefits. These substitutes are gaining popularity due to their lower environmental impact and potential for higher yields. Soybean derivatives, such as soy milk and tofu, are popular alternatives to dairy products and meat, respectivelyFurthermore, the volatility of soybean prices and trade policies, such as tariffs and quotas, can significantly impact the market's dynamics. Companies in the market must navigate these challenges by focusing on product innovation, sustainability, and supply chain efficiency to remain competitive. Additionally, the use of soybeans in animal feed is another growth factor. For instance, developing new applications for soybean derivatives in the food and beverage industry, improving production processes to reduce waste and increase yields, and exploring new markets and partnerships can help companies capitalize on market opportunities and mitigate risks.What will be the Size of the Soybean Derivatives Market during the forecast period?Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report. Request Free SampleThe market encompasses a wide range of applications and products, from soybean yield optimization and hull applications to soy meal composition and protein concentrates. Soybean cultivation practices continue to evolve, with a focus on disease management and sustainability practices. In the realm of product development, soybean ingredient innovation is driving the creation of new grades of soy lecithin and protein isolates. In the food industry, soy derivatives are used as functional ingredients in various applications, including baked goods, beverages, and processed food.Soybean pest resistance and environmental footprint are also critical factors influencing market dynamics. As the demand for sustainable and high-performing soybean derivatives continues to grow, so too will the innovation and collaboration within the industry. Industry collaborations and regulatory compliance are shaping the soybean industry landscape, with a growing emphasis on traceability systems and GMO labeling. Additionally, the market is expanding in sectors such as biodiesel due to the renewable nature of soy oil and its potential to reduce greenhouse gas emissions.How is this Soybean Derivatives Industry segmented?The soybean derivatives industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion" for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.Type Soy oilSoy milkSoy proteinOthersDistribution Channel OfflineOnlineApplication Food and beverageAnimal feedOthersGeography North America USCanadaMexicoAPAC ChinaIndiaIndonesiaJapanSouth America ArgentinaBrazilColombiaRest of World (ROW) By Type InsightsThe soy oil segment is estimated to witness significant growth during the forecast period. Soybean oil, derived from soybean processing, is a popular choice for health-conscious consumers due to its nutritional benefits. Rich in unsaturated fats, essential fatty acids, and vitamin E, soybean oil is a preferred cooking oil for various applications, including frying, sautéing, baking, and salad dressings. The environmental sustainability of soybean cultivation and the versatility of soybean derivatives have contributed to their increasing use in various industries. Soybean-based ingredients, such as soybean flakes, grits, and meal, have gained popularity in the animal feed industry due to their high nutritional value and protein content. Soybean meal is a valuable byproduct of soybean oil refining and is a primary source of protein for livestock. It is used as an emulsifier and stabilizer in various industries, including food, pharmaceuticals, and cosmetics.Soybean sustainability is a critical concern for consumers and manufacturers alike, leading to an increased focus on sustainable sourcing and production practices. Soybean genetics and processing

Discover the booming non-GMO soybean market! Explore its $72.44 billion (2025) valuation, projected growth, key players (Cargill, ADM, Danisco), and driving trends. Learn about market size, CAGR, and regional insights in this comprehensive analysis.

Chinese tariffs on U.S. soybeans could reduce the global competitiveness of U.S. soybeans in the longer term.

View monthly updates and historical trends for Soybean Futures Price. Source: International Monetary Fund. Track economic data with YCharts analytics.