Cme soybean futures pushed to $12

CME soybean futures pushed to $12.26 after stronger-than-expected weekly export sales. Asian crusher demand signals indicate sustained buying through September, aligning with bullish supply chain analysis from major agribusiness firms. The futures will consist of consecutive monthly contracts, starting with May 2025, and trade in lots of 20 metric tons, it said. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. CME soybean futures hovered at $12.15, consolidating after volatile swings earlier this week. USDA export inspections surpassed analyst estimates, signaling strong overseas demand. Seasonal patterns suggest historically higher prices heading into August’s weather-sensitive phase.