Soybean International Market
18-Oct-2025 09:51 AM
Soybean International Market
Support came from the product side, as soymeal futures were up $2.40 to $4.10 on Friday, with December gaining $6 for the week. Soy oil was 24 to 29 points higher on Friday, while the December contract was up 116 points over the five trading days.
With just two weeks remaining in the crop insurance discovery period for harvest prices, November soybean futures have averaged $10.16 so far. That is down from $10.54 in February but above last year’s fall price of $10.03.
On Friday morning, President Trump said that relations with China “will be fine” ahead of the upcoming leaders’ meeting in a few weeks. He also stated that the 100% tariffs on China are not sustainable.