Soybean prices averaged USD 1,051 cents per bushel in June, down 0.4% from May. On 30 June, the commodity traded at USD 1,024 cents per bushel, down 1.7% from 30 May.
Soybean prices eased in June on a stronger supply outlook: Yields in both Argentina and Brazil exceeded market expectations. Moreover, sales from Argentina spiked as farmers rushed to export ahead of a tax cut set to expire in July. Meanwhile, the U.S. Department of Agriculture continues to expect a wider market surplus in both the U.S. and globally in the 2025/26 marketing year compared to 2024/25. This robust supply outlook likely tempered upwards price pressures stemming from stronger Chinese demand.
This chart displays Soybeans (US¢/bu) from 2023 to 2025.
Soybeans CBOT (prices in US¢/bu, aop)
| Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Soybeans CBOT | - | - | 1,392 | 1,316 | 1,198 | 1,188 | 1,036 | 995 | 1,028 | 1,045 | - | - |