Soybean Price Surge Masks Underlying Market Concerns The recent price surge in the soybean market may be a welcome relief for farmers and traders, but it also raises questions about the long term stability of global demand.
As of this writing, soybeans are trading at higher levels than they were just days ago, with futures prices up by as much as 35 cents per bushel.
USDA data shows that export sales for old crop beans have hit a marketing year low, with China buying 65,400 metric tons in the week of June 25.