Grains · SOYBEAN-FUT

Soybean price

US$11.97 / bushel
≈ €10.18 ≈ £8.92 Unchanged 24h 89% within the 52-week range
FX Editorial Team · Data updated: · Editorially verified
Soybean (SOYBEAN-FUT) price today US$11.97 / bushel, ↑ +0.00% (24h)

Soybean chart

Interactive chart and 30-day overview

7 days
▲ +1.72%
+US$0.2025
30 days
▲ +1.64%
+US$0.1936
1 year
▲ +12.92%
+US$1.37
52-week range
US$9.51 89% US$12.29
Soybean (SOYBEAN-FUT) 30-day price chart — USD, EUR, GBP

The Soybean chart shows how the soybean price has moved over time. The interactive view lets you switch the timeframe (from 7 days up to MAX), the currency (USD / EUR / GBP) and overlay moving averages. Click any two points to measure the percentage change between those dates.

What drives soybean prices?

Chinese feed demand is the single most important driver of the soybean market. China imports about 100 million tonnes of soybeans a year — mainly to produce soybean meal for animal feed — equal to roughly 60% of global soybean imports. The size of China's pig herd, African swine fever cycles and Chinese tariff and trade-policy decisions therefore feed directly into Chicago prices. Monthly import data from China's General Administration of Customs and the USDA Foreign Agricultural Service report Oilseeds: World Markets and Trade are two of the market's most closely watched sources.

Brazilian and US production take place in opposite hemispheres, so global soybean supply is refreshed somewhere almost every month. In the US, planting takes place in April-May and harvesting in September-November. In Brazil and Argentina the cycle is reversed: planting in October-November and harvesting in March-May. Global output is in the ~400 million tonnes range. Brazil is the largest producer at ~155 Mt, followed by the US at ~115 Mt, Argentina at ~50 Mt and China, some way behind, at ~20 Mt. La Niña-related drought in the southern hemisphere — especially in Argentina's Pampas — can cut supply by 20-30 Mt in a season, which is quickly reflected in Chicago prices.

Crush economics links the soybean to its two main processed products. A soybean typically breaks down into about 80% soybean meal (ZM) and about 20% soybean oil (ZL) during processing. The combined value of meal and oil, minus the price of the bean, gives processors such as Archer Daniels Midland, Bunge and Cargill their crush margin. When crush margins are high, processors buy beans more aggressively, supporting CBOT prices. When margins are low, processing slows. Soybean oil is also a major biodiesel feedstock in the US, so renewable-energy policy and energy prices can feed indirectly into soybean prices.

How to invest in soybeans

Investors can access the soybean market without physical ownership through several routes: an exchange-traded fund, the Teucrium Soybean Fund (ticker: SOYB); CFDs on Chicago soybeans, often listed as SOYBEAN or SOYBEAN-FUT by brokers; futures contracts (CBOT ZS); and shares in large soybean processors and agricultural trading companies such as Archer Daniels Midland (ADM), Bunge and Corteva. SOYB and soybean CFDs provide more direct agricultural exposure. Agribusiness equities are more indirect and carry company-specific business risks. Two regulated brokers with English-language platforms where soybean CFDs, SOYB and agribusiness shares are available:

30-day price history

Chart and daily closing prices

Soybean (SOYBEAN-FUT) 30-day price chart — USD, EUR, GBP

Daily close

30 trading days

Date Price (USD) Price (EUR) Price (GBP) Daily change
23 May 2026 US$11.97 €10.18 £8.92 ▲ +0.11%
22 May 2026 US$11.96 €10.17 £8.91 ▼ −0.57%
21 May 2026 US$12.03 €10.23 £8.96 ▲ +0.12%
20 May 2026 US$12.01 €10.22 £8.95 ▼ −0.90%
19 May 2026 US$12.12 €10.31 £9.03 ▼ −0.11%
18 May 2026 US$12.14 €10.32 £9.05 ▲ +3.11%
16 May 2026 US$11.77 €10.01 £8.77 ▲ +0.24%
15 May 2026 US$11.74 €9.99 £8.75 ▼ −1.20%
14 May 2026 US$11.89 €10.11 £8.86 ▼ −2.09%
13 May 2026 US$12.14 €10.32 £9.05 ▲ +0.25%
12 May 2026 US$12.11 €10.30 £9.02 ▲ +0.77%
11 May 2026 US$12.02 €10.22 £8.96 ▲ +0.61%
10 May 2026 US$11.94 €10.16 £8.90 ▲ +1.62%
6 May 2026 US$11.75 €9.99 £8.76 ▼ −1.89%
5 May 2026 US$11.98 €10.19 £8.93 ▼ −0.74%
4 May 2026 US$12.07 €10.26 £8.99 ▲ +1.60%
2 May 2026 US$11.88 €10.10 £8.85 ▲ +0.47%
1 May 2026 US$11.82 €10.05 £8.81 ▼ −0.01%
30 Apr 2026 US$11.82 €10.05 £8.81 ▲ +0.56%
29 Apr 2026 US$11.76 €10.00 £8.76 ▼ −0.09%
28 Apr 2026 US$11.77 €10.01 £8.77 ▼ −0.09%
27 Apr 2026 US$11.78 €10.02 £8.78 ▲ +1.21%
25 Apr 2026 US$11.64 €9.90 £8.67 ▼ −1.20%
22 Apr 2026 US$11.78 €10.02 £8.78 ▲ +0.52%
21 Apr 2026 US$11.72 €9.97 £8.73 ▲ +0.49%
20 Apr 2026 US$11.66 €9.92 £8.69 —

Soybean FAQ

Why are soybean prices quoted in bushels? +
The bushel is the traditional unit used in Anglo-American grain and oilseed trading. It was originally volume-based, at about 35.24 litres, but for soybeans it is fixed by weight: 1 bushel = 60 US pounds = 27.2155 kg. The Chicago Board of Trade, now part of CME Group, quotes soybean futures in this unit under the ZS ticker, and that price is the global benchmark. Many cash markets publish local prices per tonne. To convert the international quote into tonnes, use the 36.7437 multiplier.
How much is 1 bushel of soybeans in kilograms and tonnes? +
1 bushel of soybeans = 60 US pounds = 27.2155 kg. It follows that 1 tonne = 36.7437 bushels, and 1 kg = 0.0367 bushel. Wheat uses the same conversion factor as soybeans, but corn is 56 pounds / 25.40 kg, oats are 32 pounds / 14.52 kg and barley is 48 pounds / 21.77 kg. The bushel-to-tonne conversion therefore depends on the crop.
What is the soybean crush spread and why does the market watch it? +
Soybeans are rarely consumed directly. During processing they break down into about 80% soybean meal (ZM ticker, used in feed) and about 20% soybean oil (ZL ticker, used in cooking oil and biodiesel). The crush spread is the combined market value of the two end-products minus the price of the bean. It is the theoretical margin for processors such as ADM, Bunge and Cargill. When the crush spread is high, processors tend to buy beans more aggressively, which can lift CBOT prices. When margins are low, utilisation of processing capacity tends to fall.
Why are USDA WASDE reports important for the soybean market? +
The USDA's monthly WASDE report, or World Agricultural Supply and Demand Estimates, is the most influential data release for global oilseed markets. It updates soybean crop estimates, processing and feed use, export and import flows and ending stocks. On WASDE release days, usually in the second week of the month, Chicago soybean prices can move sharply if the figures differ from the average Reuters or Bloomberg market survey. The USDA Foreign Agricultural Service report Oilseeds: World Markets and Trade gives more detail on export data by country.
Who is the world's largest soybean producer and exporter? +
Brazil leads production with annual output of about ~155 million tonnes. The United States is second at ~115 Mt, followed by Argentina at ~50 Mt. China's own production is only about ~20 Mt, while it imports around ~100 Mt a year, mainly from Brazil and the US. On the export side, Brazil is usually first and the US second. Argentina tends to export more in processed form, as soybean meal and soybean oil. Total global soybean production is around the 400 Mt range.
How does China affect the global soybean price? +
China accounts for about 60% of global soybean imports, at roughly ~100 Mt a year, mainly to produce soybean meal for animal feed. Monthly import data from China's General Administration of Customs are the market's main demand-side signal. A major African swine fever outbreak can reduce Chinese crushing demand and import needs. US-China trade-policy tensions can also shift sourcing between the US and Brazil within weeks.
SOYB ETF, soybean CFD or agribusiness shares — what is the difference? +
Each has a different risk-return profile. The Teucrium Soybean Fund (SOYB) holds Chicago soybean futures, so it tracks futures prices. It charges a management fee and is affected by roll yield, the impact of replacing expiring futures contracts. A soybean CFD is leveraged and suited to short-term speculation, but financing costs and leveraged losses can be significant. Agribusiness shares such as ADM, Bunge and Corteva give indirect exposure. They may react to soybean prices, but they also carry company-specific risks, including processing margins and seed-business performance.
How does the US dollar exchange rate affect local soybean prices in Europe? +
Chicago soybean futures are quoted in US dollars, while local farm-gate or wholesale prices in Europe are usually settled in euros, sterling or another domestic currency. The gap between the international market price and the local producer price reflects three main factors: transport and logistics costs; quality premiums or discounts, including protein content and non-GMO premiums in the EU market; and exchange rates against the US dollar. A weaker local currency can lift the domestic price equivalent of the same dollar-denominated Chicago quote, while a stronger local currency can reduce it.

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bushel
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bushel
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Data sources: USDA WASDE — World Agricultural Supply and Demand Estimates · USDA Foreign Agricultural Service — Oilseeds: World Markets and Trade · FAO — Food Outlook (Oilseeds, Oils and Meals) · CME Group — CBOT Soybean Futures (ZS)