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Commodity: Soybean futures are on the rise

21/01/2026
Source : ORISHAS FINANCE
Categories: Raw materials

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Backed by a weak dollar, the contracts Chicago soybean futures have progressed Wednesday, even though gains were limited by a plentiful supply and global threat concerns du US President Donald Trump to restart a trade war with Europe over Greenland.

The wheat rate remained stable, while that of Corn has increased slightly. A slowdown in economic growth would likely reduce demand for grains and oilseeds, but a dollar Lower improves the accessibility of exports for buyers using other currencies, which could potentially increase shopping.

The most active soybean contract in Chicago Board of Trade (CBOT) was up 0.4% at $10.57-1/4 per bushel, at 04:26 GMT.

Among other crops, CBOT wheat remained unchanged at $5.10-1/4 per bushel, while corn rose slightly by 0.1% to reach $4.24-1/4 per bushel.

The prices of wheat, maize and of soybeans are all well below their 2022 highs due to a supply globally abundant.

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