# CBOT soybeans tumble on escalating trade tensions

> CBOT May soybeans settled down 12.5 cents at $9.99 per bushel, the lowest since late December. Soymeal and soyoil also fell as US tariffs on Mexico, Canada and China escalated and Argentine rains improved soil moisture.

- Date: 2025-03-04 · published 2025-03-04T12:00:00.000Z
- Category: trade · region US · magnitude high
- Page: https://feedsoft.ai/events/11137-cbot-soybeans-tumble-on-escalating-trade-tensions
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Retaliatory tariffs threaten US soy export demand while improved South American crop prospects add supply, pressuring soybean and meal prices.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBO | 2025-03-03 | 1 | -3.2% | -3.3 | It describes soyoil falling with soybeans as US tariffs on Mexico, Canada and China escalated and Argentine rains improved supply prospects; it is dated 03-04, so it may describe the following session, but the drivers overlap. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-05-08 | [U.S.-China trade tensions press CBOT soybeans - Xinhua \| English.news.cn](https://feedsoft.ai/events/7885-u-s-china-trade-tensions-press-cbot-soybeans-xinhua-english-news-cn.md) | +1.1% | -0.1% |
| SOY | 2020-05-02 | [U.S. grains: Soybeans slide on renewed trade tensions with China - Grainews](https://feedsoft.ai/events/53163-u-s-grains-soybeans-slide-on-renewed-trade-tensions-with-china-grainews.md) | +0.2% | -0.8% |
| SOY | 2018-06-25 | [Soybeans, corn down on trade tensions, weather - Brownfield Ag News](https://feedsoft.ai/events/8583-soybeans-corn-down-on-trade-tensions-weather-brownfield-ag-news.md) | -4.0% | -5.2% |
| SOY | 2025-04-30 | [CBOT soybeans hit two-week low on US-China trade war concerns](https://feedsoft.ai/events/25128-cbot-soybeans-hit-two-week-low-on-us-china-trade-war-concerns.md) | -0.6% | +0.7% |
| SOY | 2019-06-28 | [US-China trade tensions hurt Argentine soybean exports - Chinadaily.com.cn](https://feedsoft.ai/events/58439-us-china-trade-tensions-hurt-argentine-soybean-exports-chinadaily-com-cn.md) | -1.7% | -0.5% |
| SBM | 2018-05-08 | [U.S.-China trade tensions press CBOT soybeans - Xinhua \| English.news.cn](https://feedsoft.ai/events/7885-u-s-china-trade-tensions-press-cbot-soybeans-xinhua-english-news-cn.md) | +1.3% | -4.5% |
| SBM | 2018-06-25 | [Soybeans, corn down on trade tensions, weather - Brownfield Ag News](https://feedsoft.ai/events/8583-soybeans-corn-down-on-trade-tensions-weather-brownfield-ag-news.md) | -1.9% | -3.3% |
| SBM | 2025-04-30 | [CBOT soybeans hit two-week low on US-China trade war concerns](https://feedsoft.ai/events/25128-cbot-soybeans-hit-two-week-low-on-us-china-trade-war-concerns.md) | -1.5% | +1.2% |

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L2N3PN16M:0-cbot-soybeans-tumble-on-escalating-trade-tensions/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.