Soybeans end the week without a clear direction amid weaker demand

The contracts ended the day with moderate fluctuations

The Chicagosoybeanmarket ended the week without a clear direction, amid expectations of increased international purchases that failed to materialize. According to TF Agroeconômica, the market opened with some optimism regarding Chinese demand, but actual sales fell short of expectations, limiting the price reaction.

Contracts ended the day with moderate changes. January rose 0.22% to 1,125.00 cents per bushel, while March rose by the same margin to 1,134.50. In the processing segment, December bran rose 0.35%, reaching $315.10 per short ton. Oil, meanwhile, fell 0.79% and closed at 50.26 cents per pound.

The consulting firm notes that the mixed market performance reflected frustration with Chinese demand, which has shown some improvement in recent days but has been concentrated among state-owned enterprises. Private companies continued to prefer Brazilian grain, considered more competitive, while China’s local inventories remain at comfortable levels. This scenario reinforced doubts about whether the targets cited by the White House would be met, with no confirmation from Beijing, which made market participants more cautious.

Soybean meal, which had driven part of the rally due to a potential change in European import rules, lost momentum in the second half of the week. On a cumulative basis, soybeans posted a slight gain of 0.04%, equivalent to 0.50 cents per bushel. Soybean meal fell 2.29%, down $7.40 per short ton, while soybean oil closed with a weekly gain of 0.22%, up 0.11 cents per pound.

Source: Agrolink – Leonardo Gottems Published on November 24, 2025, at 7:15 a.m.