# Trade friction clouds an already bearish soybean market | articles | ING THINK

> ING says the global soybean market will be well supplied through 2025, with 2024/25 ending stocks estimated near a record 132 million tonnes. US output rose about 7% and Brazilian and Argentine production are forecast to grow, while trade tensions remain a bearish risk.

- Date: 2024-12-11 · published 2024-12-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/26995-trade-friction-clouds-an-already-bearish-soybean-market-articles-ing-think
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Record stocks and rising South American output point to continued pressure on soybean prices, with escalating trade tensions as a further downside risk for buyers of soy-based feed.

## Read by commodity

- SOY: bearish ▼

## Sources

- think.ing.com: https://think.ing.com/articles/trade-friction-clouds-an-already-bearish-soybean-market/

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