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Chicago soybeans slid to a nearly six-week low on Wednesday amid harvest pressure and China's absence from US purchases, with the most-active contract at $10.10. Chinese buyers booked at least 10 cargoes of Argentine soybeans after Argentina temporarily eliminated export taxes, while Trump and Xi's call produced no agricultural news.
Competition from South American supplies and the lack of Chinese demand for US beans keep prices under pressure during US harvest.
brecorder.comReutersSep 24, 2025After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 206 past neutral trade events, Wheat (SRW) moved a median +0.1% over 5 sessions (53% higher; middle half -1.3% to +1.6%), and +0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
