
Soybean futures in Chicago rose more than 15 points across the main contract months on Friday morning, with January 2027 at $12.34 per bushel. Soybean meal and soybean oil also gained, with meal showing the largest percentage increase among the products.
Traders were digesting the USDA's latest supply and demand estimates and watching for Chinese purchases.
Higher soybean and product futures reflect firm demand expectations and tighter US supply after USDA's revised stock figures. For feed buyers, stronger meal prices raise the cost of soymeal-based rations.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.