Soybeans
Origin markets
Benchmark: CBOT/CME soybeans, USc/bu. The same tonne prices differently by origin — freight, quality, sanctions and policy set the differential. Deep dive →
| Origin | Basis | Market note |
|---|---|---|
🇺🇸 US Gulf USA · ~50 Mt/yr exports | FOB NOLABenchmark | Reference; new-crop export window opens Q4 |
🇧🇷 Paranaguá Brazil · world #1 exporter | FOB Paranaguá | Record-harvest pressure — export program at peak undercuts US Gulf |
🇦🇷 Up River (Rosario) Argentina · meal/oil focused | FOB Up River | Crush-margin softness plus FX export incentives |
🇨🇳 China delivered China · top importer | CFR China | Delivered basis — freight plus premium demand; origin switches seasonally |
Origin notes are qualitative context. Dollar differentials are not shown, because no public differential series is attached.
Track physical flows on the live vessel map →Harvest, yield & outlook
Crop calendars, current-season yields and the desk read per origin — the supply side behind the origin differentials.
Outlook: Weather premium builds through August pod-fill; export window opens Q4 when US Gulf takes the flow back from Brazil. Watch China bookings and the USD.
Outlook: Export program past peak but FOB Paranaguá stays discounted to US Gulf into Q3, then the spread narrows as stocks draw and planting begins in September.
Outlook: Meal and oil exporter first — bean exports hinge on crush margins and export-tax policy. FX incentives keep Up River offers aggressive.
6-month range
Annualised volatility 20%In other units
Converted from 524.00 USD/t · indicative FX
About Soybeans
Soybeans is traded in the agriculture segment. The series on this page is the named public source, not a live feed. Physical parcels of Soybeans can be sourced or placed through the Off Market desk, listed openly on the Marketplace, or intermediated by a specialist broker.
- Soybean meal (animal feed)
- Soybean oil & biodiesel
- Food products