Soybean price

Soybean currently trades at US$13.06 per bushel (≈ €11.59 · £9.84) — effectively at the 12-month high. Over the past 12 months the price has gained 27.90%, with the annual range running from US$10.01 to US$13.27. In the past 24 hours the price has risen by 0.13%.

US$13.06 / bushel

≈ €11.59 ≈ £9.84 +US$0.0169 (+0.13%) 24h 94% within the 52-week range

FX Editorial Team · Data updated: 7 October 2026 at 10:15 BST ·Editorially verified

Soybean (SOYBEAN-FUT) price today US$13.06 / bushel, ↑ +0.13% (24h)

Soybean chart

Interactive chart and 30-day overview

7 days

▲ +0.96%

+US$0.1244

30 days

▲ +0.98%

+US$0.1269

1 year

▲ +27.90%

+US$2.85

52-week range

US$10.0194%US$13.27

Hover or tap to load the interactive chart

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.

How is soybean priced?

Soybean is priced per bushel — the historical US grain measure (1 bushel ≈ 27.2 kg of wheat or soybean, ≈ 25.4 kg of corn). The bushel remains the standard on the Chicago Board of Trade (CBOT) grain futures.

At US$13.06 per bushel, one tonne is worth around US$479.46. Global grain trade increasingly references the tonne, but the bushel persists as the price-discovery unit on the CBOT — where USDA WASDE supply-and-demand reports drive most short-term moves.

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

Download chart: WebP

Daily close

26 trading days

Date	Price (USD)	Price (EUR)	Price (GBP)	Daily change
7 Oct 2026	US$13.06	€11.59	£9.84	▲ +0.13%
6 Oct 2026	US$13.05	€11.58	£9.83	▲ +1.85%
5 Oct 2026	US$12.81	€11.37	£9.65	▲ +0.22%
3 Oct 2026	US$12.78	€11.34	£9.63	▲ +0.08%
2 Oct 2026	US$12.77	€11.33	£9.62	▼ −0.47%
1 Oct 2026	US$12.83	€11.39	£9.67	▼ −0.83%
30 Sept 2026	US$12.94	€11.48	£9.75	▼ −0.29%
29 Sept 2026	US$12.98	€11.52	£9.77	▲ +0.78%
28 Sept 2026	US$12.88	€11.43	£9.70	▼ −2.37%
26 Sept 2026	US$13.19	€11.70	£9.93	▼ −0.08%
25 Sept 2026	US$13.20	€11.71	£9.94	▲ +0.27%
24 Sept 2026	US$13.17	€11.68	£9.92	▼ −0.08%
23 Sept 2026	US$13.18	€11.69	£9.92	▼ −0.57%
22 Sept 2026	US$13.25	€11.76	£9.98	▼ −0.15%
21 Sept 2026	US$13.27	€11.78	£10.00	▲ +1.80%
19 Sept 2026	US$13.04	€11.57	£9.82	▲ +0.04%
18 Sept 2026	US$13.03	€11.56	£9.81	▼ −1.25%
17 Sept 2026	US$13.20	€11.71	£9.94	▼ −0.15%
16 Sept 2026	US$13.22	€11.73	£9.95	▲ +0.17%
15 Sept 2026	US$13.19	€11.71	£9.94	▲ +1.09%
14 Sept 2026	US$13.05	€11.58	£9.83	▲ +1.93%
12 Sept 2026	US$12.80	€11.36	£9.64	▼ −1.22%
11 Sept 2026	US$12.96	€11.50	£9.76	▼ −1.69%
10 Sept 2026	US$13.18	€11.70	£9.93	▲ +1.56%
9 Sept 2026	US$12.98	€11.52	£9.78	▲ +0.02%
8 Sept 2026	US$12.98	€11.52	£9.77	—

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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