Loading…
Soybean futures rose toward $11.60 per bushel, the highest since July 2024, after China bought seven US cargoes for December and January delivery. The November USDA cut world soybean production by about 4.1 million tonnes and reduced global ending stocks to about 122 million tonnes.
A smaller global stocks cushion combined with Chinese buying tightens nearby supplies, supporting soybean, meal and oil prices.
tradingeconomics.comFelipe AlarconNov 17, 2025After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
After 342 past bullish trade events, Soybean Meal moved a median +0.1% over 5 sessions (51% higher; middle half -1.1% to +2.6%), and +0.6% over 20.
After 224 past bullish trade events, Soybean Oil moved a median +0.4% over 5 sessions (54% higher; middle half -1.5% to +2.1%), 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.
China's purchases of US cargoes and the USDA cut to world soybean output pushed soybean futures to multi-month highs on the day, which supported soybean oil through complex-wide buying.
