Soybean price forecast 2025 data from CBOT trading sessions show

Soybean price forecast 2025 data from CBOT trading sessions show upticks correlating with the rise in crude oil prices, reinforcing the biodiesel linkage. Technical charts display firm support near $14/bushel, critical for investor confidence. OPEC+ will raise oil output from November by 137,000 barrels per day (bpd), it said on Sunday, opting for the same fairly modest monthly increase as in October amid persistent worries over a looming supply glut. Markets had been expecting an average crop size of 4.368 billion bushels, an increase from the July estimate, so when USDA released a smaller production figure on the lower range of pre-report analyst estimates, the markets responded in force. Soybean price forecast 2025 models from leading agri-finance research groups indicate potential strength if El Niño impacts persist, reducing output in Brazil and Argentina. Traders are positioning via both options and forward contracts to hedge exposure.