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The March WASDE report left 2024/25 US soybean domestic ending stocks unchanged at 380 million bushels, with minor residual revisions. The season-average farm price was cut by $0.15 to $9.95 per bushel, the lowest since 2019/20, and USDA noted that tariff policies are considered only as in effect.
A lower farm price forecast with unchanged stocks signals limited tightening, so the report did little to lift soybean futures.
reuters.comKaren Braun2025年3月11日在过去 563 次中性的报告事件之后，大豆 在 5 个交易日内中位数变动 -0.1%（48% 上涨；中间一半区间为 -1.7% 至 +1.6%），20 个交易日内为 -0.1%。
各商品基准价相对事件前最后收盘价的变动。历史数据汇总同类过往事件；仅描述已发生的情况，不代表未来走势。不构成投资建议。
