# Tighter times ahead for the soybean market | articles | ING THINK

> ING says soybean prices have held up in 2025 and CBOT soybeans outperformed corn and wheat. Global 2025/26 soybean stocks are seen marginally lower with record demand, while US production is forecast down 2.8% on lower planted area. Outlook depends on Chinese buying and US biofuel policy.

- Date: 2025-12-08 · published 2025-12-08T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/21531-tighter-times-ahead-for-the-soybean-market-articles-ing-think
- 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

A tighter global balance sheet supports soybean and meal prices, but the outcome hinges on Chinese purchases and biofuel rules that could swing protein costs.

## Read by commodity

- SBM: bullish ▲
- SBO: neutral
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-03-11 | [WASDE update: Corn and soybean markets tighten \| articles \| ING THINK](https://feedsoft.ai/events/31132-wasde-update-corn-and-soybean-markets-tighten-articles-ing-think.md) | +2.4% | +0.9% |
| SOY | 2024-11-11 | [WASDE update: Soybean yield revisions tighten up market \| articles \| ING THINK](https://feedsoft.ai/events/27340-wasde-update-soybean-yield-revisions-tighten-up-market-articles-ing-think.md) | -1.8% | -2.6% |
| SOY | 2023-09-13 | [WASDE update: Tighter wheat and looser corn market \| articles \| ING THINK](https://feedsoft.ai/events/34042-wasde-update-tighter-wheat-and-looser-corn-market-articles-ing-think.md) | -1.2% | -4.5% |
| SOY | 2022-02-10 | [WASDE update: Soybeans rally on tighter balance \| articles \| ING THINK](https://feedsoft.ai/events/42677-wasde-update-soybeans-rally-on-tighter-balance-articles-ing-think.md) | -0.5% | +6.6% |
| SOY | 2023-01-13 | [WASDE update: Tighter US grain balances \| articles \| ING THINK](https://feedsoft.ai/events/37729-wasde-update-tighter-us-grain-balances-articles-ing-think.md) | -1.5% | +0.8% |
| SBM | 2022-02-10 | [WASDE update: Soybeans rally on tighter balance \| articles \| ING THINK](https://feedsoft.ai/events/42677-wasde-update-soybeans-rally-on-tighter-balance-articles-ing-think.md) | -2.7% | +6.8% |
| SBM | 2018-03-30 | [The soybean market is shocked by the USDA report](https://feedsoft.ai/events/66080-the-soybean-market-is-shocked-by-the-usda-report.md) | +0.6% | +2.4% |
| SBM | 2025-02-27 | [USDA Forecasts Tighter-Than-Expected Soybean Ending Stocks](https://feedsoft.ai/events/26098-usda-forecasts-tighter-than-expected-soybean-ending-stocks.md) | -0.1% | +0.6% |

## Sources

- think.ing.com: https://think.ing.com/articles/tighter-times-ahead-for-the-soybean-market/

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