# A Quiet WASDE Underwhelms Soy Markets - American Soybean Association

> USDA left 2024/25 and 2025/26 U.S. soybean balance sheets and season-average prices unchanged in the June WASDE. Soybean futures fell on biofuel policy concerns, weak export data, and a drop in cash markets, while USDA cut 2024/25 soybean oil biofuel use by 200 million pounds.

- Date: 2025-06-13 · published 2025-06-13T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/24174-a-quiet-wasde-underwhelms-soy-markets-american-soybean-association
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Soybean prices are driven more by biofuel policy and export pace than by the unchanged balance sheets, which keeps soybean meal and oil prices under pressure. Demand for soyoil in biofuels remains the key uncertainty.

## Read by commodity

- SBO: neutral
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2025-07-14 | [July 2025 WASDE a Mixed Bag for Soy Markets - American Soybean Association](https://feedsoft.ai/events/15104-july-2025-wasde-a-mixed-bag-for-soy-markets-american-soybean-association.md) | +2.4% | -3.7% |
| SOY | 2017-03-31 | [Soybeans Trumping Corn in 18 States \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/72026-soybeans-trumping-corn-in-18-states-farm-bureau-intel-markets-american-farm.md) | -2.2% | -1.8% |
| SOY | 2025-10-01 | [Sep. 30 USDA Reports Leave Soybean Prices Falling Toward $10/Bushel - American Soybean Association](https://feedsoft.ai/events/22334-sep-30-usda-reports-leave-soybean-prices-falling-toward-10-bushel-american.md) | +2.0% | +7.6% |
| SOY | 2017-08-10 | [Surprise, Another Big Corn and Soybean Crop On the Way \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/69397-surprise-another-big-corn-and-soybean-crop-on-the-way-farm-bureau-intel-markets.md) | -4.3% | +0.0% |
| SOY | 2024-03-29 | [Let’s Get Going, 2024! \| Farm Bureau Intel Markets \| American Farm Bureau Federation](https://feedsoft.ai/events/31218-let-s-get-going-2024-farm-bureau-intel-markets-american-farm-bureau-federation.md) | -0.5% | -2.7% |
| SBO | 2025-08-14 | [Soybean Prices Reverse Losses on Bullish WASDE - American Soybean Association](https://feedsoft.ai/events/12450-soybean-prices-reverse-losses-on-bullish-wasde-american-soybean-association.md) | -3.9% | -3.7% |
| SBO | 2025-12-11 | [December WASDE maintains outlook for 2025-’26 soybean oil use in biofuel production](https://feedsoft.ai/events/15067-december-wasde-maintains-outlook-for-2025-26-soybean-oil-use-in-biofuel.md) | -3.7% | -3.3% |
| SBO | 2024-04-11 | [April WASDE maintains 2023-’24 forecast for soybean oil use in biofuel production  \| Biodiesel Magazine](https://feedsoft.ai/events/30819-april-wasde-maintains-2023-24-forecast-for-soybean-oil-use-in-biofuel.md) | -5.2% | -7.3% |

## Sources

- soygrowers.com: https://soygrowers.com/news-releases/a-quiet-wasde-underwhelms-soy-markets/

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