US soybeans fall as China turns to Brazil - CBOT
Prices retreat from 16-month highs amid weak export demand
5 November 2025
1 minute read
By: Chicago Board of Trade (CBOT) soybean futures fell sharply on Tuesday on concerns about US export demand, after traders said Chinese buyers increased purchases of Brazilian cargoes in recent days, reported Reuters.
Prices had reached 16-month highs on Monday on expectations that China would resume large-scale US soy buying following a deal to ease trade tensions between the two countries.
However, traders have yet to confirm any major US sales.
Market sources said Chinese importers instead bought cheaper Brazilian soybeans as South American prices declined. Analysts noted that Brazil, the world’s largest soybean exporter, continues to have ample supplies.
CBOT January soybeans closed down 12-3/4 cents at $11.21-1/2 per bushel. On Monday, the most-active contract hit its highest level since June 2024. CBOT December soymeal ended $3.40 lower at $317.40 per short ton, while December soyoil slipped 0.31 cent to 49.53 cents per pound.
