World soybean prices today

The price of Soybeans today, updated on 07/09/2026, is trading at 1,293.80 UScents/bu, equivalent to approximately 12,396,127 VND/ton. According to market data, this commodity's price is maintaining a stable trend with a slight change of about +0.038% compared to the previous trading session, reflecting a short-term supply-demand balance on international agricultural exchanges.

In the Vietnamese market, this price serves as an important reference for import activities and animal feed production. Detailed statistics show the price movements as follows:

• Current month average price: 1,298.66 UScents/bu (approximately 12,442,691 VND/ton).
• Previous month average price: 1,200.01 UScents/bu (approximately 11,497,508 VND/ton).
• Last 30-day price range: 1,147.50 - 1,306.80 UScents/bu.

Looking back at recent developments, after hitting a peak of 1,306.80 UScents on 01/09, Soybean prices underwent a slight downward correction and remained sideways at the 1,293.80 UScents mark for three consecutive sessions from 05/09 to 07/09. Although there is a decrease of about 4,791 VND/ton compared to the session on 04/09, compared to the average price level of the previous month, current soybean prices are still significantly higher, directly impacting input material costs for the domestic agricultural sector.

On the international market, Soybeans are traded in bu and quoted in UScents.

Soybeans belong to the Agricultural Products commodity group. This is one of the most commonly traded commodity groups on world commodity exchanges.

Soybean prices are influenced by many complex factors, primarily revolving around global supply and demand dynamics, weather conditions in major production regions, trade policies, and macroeconomic factors.

• Global Supply - Demand:
  • Supply Factors: Production from top producing countries like the US, Brazil, and Argentina plays a decisive role. Planting area, harvest yields affected by agronomic conditions and investment, along with carryover stocks from previous seasons, all directly impact total supply.
  • Demand Factors: Demand from the livestock industry (animal feed production), the cooking oil and food processing industry (such as tofu, soy milk) are the main drivers. In particular, import demand from China – the world's largest soybean consumer – has a huge influence on prices.
• Weather: Extreme weather events such as droughts, floods, or abnormal temperatures in key soybean-growing regions (e.g., the US Corn-Soybean Belt, South American agricultural regions) can significantly reduce yields, causing sharp price fluctuations. Climate cycles like El Niño and La Niña are often closely monitored.
• Policy and Trade: Agricultural policies (subsidies, tariffs), bilateral and multilateral trade agreements, along with export-import control measures by countries can all change trade flows and price structures. For example, trade tensions between major economies can cause price shocks.
• Macroeconomics and Geopolitics: Fluctuations in exchange rates (especially the USD – the currency in which soybeans are priced), crude oil prices (affecting transport and fertilizer production costs), inflation, and interest rates can indirectly impact production costs and purchasing power. Geopolitical instability and regional conflicts can also disrupt supply chains, causing food security concerns and driving prices up.

Soybean prices are expected to continue facing slight downward pressure or maintain a sideways trend within a narrow range in the near future.

From a fundamental perspective, global supply is improving significantly. Crop prospects in South America (Brazil and Argentina) are expected to reach high production levels, adding substantially to market supply. Although demand from China remains the primary driver, the recovery speed of the livestock industry and the macroeconomic situation may prevent demand from growing as strongly as expected. Global inventories are trending upward again, putting further pressure on prices. Additionally, USD exchange rate fluctuations could affect the competitiveness of US Soybeans.

From a technical perspective, Soybean prices are currently trading below key moving averages, indicating a dominant downward or sideways trend. Strong resistance levels are located at higher price points, while key support levels must hold to avoid a deeper decline. Momentum indicators also show the market is in a neutral or negative trend.

Therefore, in the short term, the most likely scenario is for Soybean prices to remain within a specific trading channel with a slight downward trend or no strong bullish breakout. Factors to monitor closely include weather developments in major growing regions, monthly supply and demand reports from the USDA, and the import policies of major consuming nations.

For Soybeans trading in UScents/bu at the current time, the market is being influenced by a mix of fundamental and technical factors, creating a complex picture. Therefore, investors should approach with caution.

Regarding fundamental analysis, the focus is on crop prospects in South America, particularly Brazil and Argentina. Although Brazil may be heading toward a large crop, concerns about uneven weather conditions in some key regions could affect the final total production. Demand from China, the largest importer, remains a key factor, but slowing economic growth and the disease situation in livestock herds could impact import demand. Upcoming USDA World Agricultural Supply and Demand Estimates (WASDE) reports will be crucial information for reassessing global supply-demand balances and inventory levels.

On the technical analysis side, Soybean prices have recently trended downward or sideways, pressured by the outlook of abundant supply. Prices are trading near key support levels. Holding or breaking these levels will shape the next short-term trend. Momentum indicators (such as RSI, MACD) are showing neutral to slightly negative signals, indicating that selling pressure still exists but is not overly strong, potentially seeking a new equilibrium point.

In summary, given the current situation, we recommend that investors observe further and wait for clearer signals. If you are a buyer, wait for price stability or strong support factors from the supply-demand side (e.g., adverse weather in major growing regions, a surge in demand). If you are a seller, consider tight risk management and closely monitor support levels. Note that this is for reference only and is not investment advice. Investors should conduct thorough research and consult with financial experts before making decisions.