Price Surge
Soybean futures surge to five-month high on hope of US-China trade truce
This story was originally published at 20:39 IST on 27 October 2025
Register to read our real-time news.Informist, Monday, Oct. 27, 2025
MUMBAI – Soybean futures prices in the Chicago Board of Trade surged to a five-month high following reports of progress in US-China trade negotiations. The uptick in prices comes on the back of anticipation that China will resume imports of US soybeans as both nations appear to be nearing a resolution to their ongoing trade dispute, which significantly impacted American soybean farmers. Prices hit a five-month high of $10.84 per bushel on Monday, up over 2% from the previous close.
The potential trade deal will lead to increased demand for US soybeans and possible relief for American soybean farmers, according to ScanX, a stock market screening and analysis platform. American and Chinese negotiators have reached agreements on agricultural products. President Donald Trump and Chinese Prime Minister Xi Jinping are expected to finalise a deal at the upcoming Asia-Pacific Economic Cooperation summit in South Korea, it said.
China's soybean imports from the US fell to zero last month for the first time in seven years, according to a report by Commerzbank. China, the largest soybean importer, continued to source the vast majority of its soybean imports from Brazil in September, it said. Brazil's shipments of soybeans to China rose by 30% year-on-year to 10.96 million tonnes, it said. About 85% of China's total soybean imports in September came from Brazil. Argentina supplied 1.17 million tonnes, almost double the previous year's figure and accounting for 9% of total imports.
Without a quick resolution to the current trade conflict between the US and China, US soybean exporters risk losing their most important customer, according to the report. China normally sources most of its soybean imports from the US between November and March. Without these imports, China could face a soybean shortage in a few months' time when supplies from South America dry up before the new crop comes onto the market there in April, it said.
Meanwhile, the potential trade deal between the US and China could affect the global soybean market. If China resumes substantial purchases of US soybeans, it may lead to potential price changes in the global soybean market and possible relief for American soybean farmers, according to ScanX. End
US$1 = INR 88.24
Reported by Taniva Singha Roy
Edited by Saji George Titus
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (22) 6985-4000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2025. All rights reserved.
To read more please subscribe
