Soybeans Rebound on Strong Export Demand

Soybean futures rose toward $12.6 per bushel, rebounding from a two-month low reached on October 21, as strong export demand led by China helped end an eight-session losing streak.

The USDA reported 2.84 million metric tons of net US soybean export sales for the 2026/27 marketing year in the week ended October 15, sharply above 574,900 tons a week earlier.

China accounted for 2.18 million tons, while export shipments climbed 75% week over week to 2.02 million tons, up 88% from the four-week average.

A separate USDA announcement also confirmed a sale of 202,000 tons to China.

This story was originally published by Hellenic Shipping News. Read the full story at Hellenic Shipping News →