FX.co ★ Soybean Futures Hit Seven-Week Low

Soybean futures have declined to approximately $10.70 per bushel, marking a seven-week low, influenced by concerns regarding a slowdown in U.S. soybean exports and anticipated abundant harvests in Brazil. Chinese demand for U.S. soybeans has been lackluster, with confirmed sales since late October reaching only 3.516 million tonnes, significantly lower than the market's expectation of 12 million tonnes, thereby maintaining a cautious market sentiment. U.S. export inspections for the week ending December 11, 2025, decreased by 22% compared to the previous week and were down 46% from the previous year. Meanwhile, speculative investors continue to hold substantial long positions, which could lead to a risk of sell-offs. On the supply side, Brazilian soybean planting is nearly complete at 97%, with forecasts of a plentiful South American harvest further exerting downward pressure on prices.