# US soybean market ready to rise | World Grain

> CME soybean oil futures have traded in a narrow range since August, with near-record 2024 soybean production and tariff pressures weighing. Strong export demand, especially from Colombia, Mexico, and India, has repeatedly pushed prices back toward 40 cents per pound.

- Date: 2025-04-24 · published 2025-04-24T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/15129-us-soybean-market-ready-to-rise-world-grain
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Surging export sales and expected biofuel policy support provide more upside than downside for soybean oil, which supports soybean crush margins and meal supply.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Sources

- world-grain.com: https://www.world-grain.com/articles/21313-us-soybean-market-ready-to-rise

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