26.12.202510:09:14UTC+00Soybean Futures Edge Up

Soybean futures have stabilized around $10.60 per bushel, recovering slightly from the $10.50 mark observed before the Christmas period. This minor rise is primarily attributed to consistent purchasing activity from China. The most recent export sales report from the United States Department of Agriculture (USDA) reveals that, for the week ending December 11, net US soybean sales to China for the 2025/26 marketing year amounted to 1.383 million tons, elevating the cumulative total to 5.409 million tons. Industry advisory firm StoneX highlighted that China has already acquired over 8 million tons of US soybeans, marking steady progress towards its anticipated target of 12 million tons. On the supply front, concerns over a tightening soybean supply are growing. The USDA's December supply and demand report forecasts US soybean production for the 2025/26 marketing year at 115.75 million tons, reflecting a 2.8% decline compared to the previous year.