# CBOT soybeans near two-month high on export optimism

> CBOT July soybeans rose to their highest since February 27 on technical buying and hopes for US export demand. Soyoil gained while soymeal fell, and reports suggested US-China trade talks may de-escalate and Japan may increase US soybean imports.

- Date: 2025-04-24 · published 2025-04-24T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/11800-cbot-soybeans-near-two-month-high-on-export-optimism
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Prospects of trade de-escalation and additional Japanese purchases support US soybean export demand and prices, while soymeal weakness reflects softer meal demand.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-10-31 | [Soybeans Rise to 15-Month Highs](https://feedsoft.ai/events/22450-soybeans-rise-to-15-month-highs.md) | +0.0% | +4.3% |
| SOY | 2026-02-04 | [U.S. grains: Chicago soybeans jump to two-month high on Trump comments - Grainews](https://feedsoft.ai/events/20639-u-s-grains-chicago-soybeans-jump-to-two-month-high-on-trump-comments-grainews.md) | +5.3% | +8.3% |
| SOY | 2021-06-11 | [2021 Soybeans – to crush or export?](https://feedsoft.ai/events/46671-2021-soybeans-to-crush-or-export.md) | -13.9% | -9.1% |
| SOY | 2025-02-07 | [Corn, soybeans hover near multi-month highs on no-tariff relief - Markets - Business Recorder](https://feedsoft.ai/events/11097-corn-soybeans-hover-near-multi-month-highs-on-no-tariff-relief-markets-business.md) | -2.9% | -4.7% |
| SOY | 2025-10-29 | [U.S. grains: Soybeans set 15-month high on U.S.-China trade deal hopes - Grainews](https://feedsoft.ai/events/22451-u-s-grains-soybeans-set-15-month-high-on-u-s-china-trade-deal-hopes-grainews.md) | +2.8% | +4.3% |
| SBO | 2026-02-04 | [U.S. grains: Chicago soybeans jump to two-month high on Trump comments - Grainews](https://feedsoft.ai/events/20639-u-s-grains-chicago-soybeans-jump-to-two-month-high-on-trump-comments-grainews.md) | +2.6% | +11.1% |
| SBO | 2020-06-01 | [Palm oil scales near two-month high as May exports rise - Markets - Business Recorder](https://feedsoft.ai/events/52489-palm-oil-scales-near-two-month-high-as-may-exports-rise-markets-business.md) | +2.8% | -0.7% |
| SBO | 2023-02-16 | [Ukraine continues to export sunseed and soybeans at high rates](https://feedsoft.ai/events/37434-ukraine-continues-to-export-sunseed-and-soybeans-at-high-rates.md) | +1.9% | -6.8% |

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L1N3R217C:0-cbot-soybeans-near-two-month-high-on-export-optimism/

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