Soybean Price

Latest price

524 USD/mt

World · Sep 2026 · monthly data · World Bank

Benchmark: US soybeans, FOB US Gulf

Price Chart

Notable price events

  • 2007-08 global food price crisis — Drought in major exporting countries, combined with several governments restricting exports to protect domestic supply and growing demand for biofuel crops, pushed wheat, rice and corn to what were then record prices within about a year - triggering food riots in over 30 countries.
  • 2012 US Midwest drought — The worst US drought in over 50 years cut the corn harvest roughly 13% below the prior year and pushed corn futures to a then-record above $8/bushel - the costliest agricultural disaster in US history at an estimated $30 billion in losses.
Price data table

Recent prices

PeriodPrice (USD/mt)Change
Sep 2026524+8.7%
Aug 2026482+0.8%
Jul 2026478+3.0%
Jun 2026464-1.9%
May 2026473+2.2%
Apr 2026463-2.1%
Mar 2026473+3.1%
Feb 2026459+8.0%
Jan 2026425-3.4%
Dec 2025440-1.3%
Nov 2025446+10.4%
Oct 2025404+0.0%

Annual averages

YearAverage (USD/mt)Change
2026 (year to date)471.22+13.7%
2025414.42-10.4%
2024462.42-22.7%
2023597.92-11.5%
2022675.42+15.8%
2021583.33+43.4%
2020406.67+10.2%
2019369.08-6.4%
2018394.42+0.2%
2017393.5-3.0%
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Market situation

Latest US daily cash price (USDA AMS, averaged across reporting states): $12.38/bu on 2026-10-14.

USDA projects US production for 2026/27 at 4,562 million bushels (+7.1% vs. 2025/26).

USDA's WASDE report projects a $12.00/bu season-average price for the 2026/27 marketing year (+14% vs. $10.50/bu estimated for 2025/26).

World stocks-to-use ratio 2026/27: 19.6% (-0.6 percentage points vs. 2025/26, USDA) - a thinner cushion than last season. What this means

Latest World price (2026-09): -1% vs. the 5-year average, +10% vs. the 10-year average, +30% vs. a year ago.

Soybean Prices by Region

About Soybeans

A major oilseed crushed into soybean oil (cooking oil, biodiesel) and soybean meal (animal feed, especially poultry and pork). Brazil and the US are the two largest producers and exporters, with China by far the largest buyer — Chinese import demand and US-China trade relations are unusually influential on soybean prices. That was on full display in 2018, when China's retaliatory tariffs on US soybeans during the trade dispute cut US exports sharply and permanently shifted more of China's buying toward Brazil, reshaping global trade flows in a way that outlasted the tariffs themselves.

Top Soybean Producers

RankCountry
1Brazil144,473,768 t3.1 t/ha
2United States118,836,440 t3.4 t/ha
3Argentina48,213,207 t2.9 t/ha
4China20,650,000 t2.0 t/ha
5India15,132,082 t1.2 t/ha
6Paraguay11,100,256 t3.0 t/ha
7Canada7,568,013 t3.3 t/ha
8Russia7,000,000 t1.7 t/ha
9Ukraine6,635,180 t2.4 t/ha
10Bolivia3,216,440 t1.9 t/ha
11Uruguay3,065,000 t3.2 t/ha
12South Africa1,848,000 t1.6 t/ha
13Nigeria1,150,000 t1.0 t/ha
14Italy1,125,580 t3.3 t/ha
15Benin652,454 t1.0 t/ha
16France398,540 t2.6 t/ha
17Serbia346,808 t1.6 t/ha
18Romania316,760 t2.2 t/ha
19Malawi305,000 t1.2 t/ha
20Togo284,342 t1.0 t/ha
21Ghana270,000 t1.9 t/ha
22Mexico265,333 t2.1 t/ha
23Hungary258,890 t2.3 t/ha
24Croatia255,080 t2.5 t/ha
25Japan252,400 t1.6 t/ha
26Austria249,130 t2.8 t/ha
27Ethiopia240,000 t2.7 t/ha
28Colombia235,454 t2.5 t/ha
29Indonesia227,367 t1.7 t/ha
30Kazakhstan207,503 t2.1 t/ha
31Iran200,000 t2.4 t/ha
32North Korea180,000 t1.2 t/ha
33Türkiye180,000 t4.1 t/ha
34Zambia169,700 t1.1 t/ha
35Uganda155,000 t0.7 t/ha
36South Korea154,954 t2.1 t/ha
37Slovakia152,740 t2.3 t/ha
38Myanmar (Burma)140,000 t1.1 t/ha
39Burkina Faso138,052 t1.2 t/ha
40Germany131,800 t3.3 t/ha
41Cameroon116,690 t1.8 t/ha
42Bangladesh106,833 t1.9 t/ha
43Poland80,960 t2.6 t/ha
44Egypt75,000 t3.0 t/ha
45Czechia73,670 t2.6 t/ha
46Mozambique70,000 t1.2 t/ha
47Zimbabwe69,291 t1.8 t/ha
48Australia65,300 t3.0 t/ha
49Cambodia51,000 t1.5 t/ha
50Angola46,857 t1.1 t/ha
51Vietnam46,127 t1.6 t/ha
52Guatemala45,000 t2.6 t/ha
53Tanzania42,738 t1.2 t/ha
54Rwanda36,705 t0.5 t/ha
55Bosnia & Herzegovina31,579 t2.1 t/ha
56Moldova31,555 t1.2 t/ha
57Nepal28,520 t1.3 t/ha
58Congo - Kinshasa28,401 t0.6 t/ha
59Belize26,404 t1.6 t/ha
60Ecuador24,711 t1.3 t/ha
61Mali22,814 t0.6 t/ha
62Kenya17,417 t1.0 t/ha
63Thailand16,347 t1.6 t/ha
64Uzbekistan12,606 t4.3 t/ha
65Slovenia11,640 t2.8 t/ha
66Venezuela11,057 t1.9 t/ha
67Spain10,940 t3.5 t/ha
68Laos7,879 t2.6 t/ha
69Sierra Leone7,485 t0.7 t/ha
70Switzerland7,479 t2.3 t/ha
71Afghanistan7,305 t2.1 t/ha
72Sri Lanka6,196 t1.9 t/ha
73El Salvador5,380 t1.9 t/ha
74Taiwan5,000 t1.7 t/ha
75Gabon4,015 t0.9 t/ha
76Syria3,610 t2.1 t/ha
77Liberia3,426 t0.4 t/ha
78Kyrgyzstan2,549 t2.4 t/ha
79Greece2,490 t1.6 t/ha
80Peru2,230 t2.2 t/ha
81Honduras2,193 t2.0 t/ha
82Burundi2,165 t0.4 t/ha
83Lithuania2,040 t1.9 t/ha
84Georgia2,000 t2.0 t/ha
85Cuba1,000 t2.5 t/ha
86Morocco1,000 t1.0 t/ha
87Timor-Leste861 t0.8 t/ha
88Albania813 t2.4 t/ha
89Bulgaria630 t1.1 t/ha
90Côte d’Ivoire572 t1.5 t/ha
91Philippines506 t1.4 t/ha
92Panama96 t0.3 t/ha
93Bhutan80 t0.9 t/ha
94North Macedonia55 t1.7 t/ha
95Luxembourg50 t2.5 t/ha
96Madagascar48 t0.6 t/ha
97Iraq34 t0.8 t/ha
98Azerbaijan30 t0.6 t/ha
99Tajikistan21 t0.3 t/ha
100French Polynesia11 t2.0 t/ha
101Pakistan3 t0.6 t/ha
102Suriname2 t1.1 t/ha

FAOSTAT production data, 2024. World average yield: 2.8 t/ha.

Top Soybean Importers

RankCountry
1China105,032,704 t
2Argentina7,580,767 t
3Mexico6,577,631 t
4Thailand3,871,097 t
5Türkiye3,754,048 t
6Spain3,699,022 t
7Germany3,686,302 t
8Netherlands3,579,035 t
9Egypt3,364,921 t
10Japan3,171,501 t
11Indonesia2,676,321 t
12Italy2,528,104 t
13Iran2,494,586 t
14Taiwan2,465,823 t
15Vietnam2,273,470 t
16Bangladesh2,031,231 t
17Algeria1,616,859 t
18Russia1,356,618 t
19South Korea1,148,399 t
20Portugal1,127,567 t
21United Kingdom1,074,155 t
22Pakistan1,039,446 t
23Brazil821,545 t
24Iraq723,509 t
25Malaysia703,773 t
26United States660,522 t
27France630,751 t
28India593,112 t
29Tunisia552,003 t
30Colombia443,643 t
31Saudi Arabia391,121 t
32Belgium348,808 t
33Norway347,191 t
34Canada300,499 t
35Costa Rica264,412 t
36Belarus241,200 t
37Israel235,902 t
38Greece232,702 t
39Peru222,342 t
40Serbia201,575 t
41Hungary173,962 t
42Poland164,561 t
43Austria158,600 t
44Romania135,385 t
45Zimbabwe114,766 t
46United Arab Emirates109,312 t
47Slovenia107,712 t
48Venezuela106,012 t
49Philippines105,098 t
50Nepal89,969 t
51Togo89,193 t
52Lebanon87,506 t
53Chile86,099 t
54Kazakhstan71,439 t
55Uzbekistan68,339 t
56Uruguay66,846 t
57Nigeria64,001 t
58South Africa62,468 t
59Czechia51,220 t
60Denmark48,016 t
61Slovakia46,080 t
62Panama38,171 t
63Dominican Republic36,025 t
64Moldova34,829 t
65Morocco29,800 t
66Barbados27,056 t
67Croatia23,936 t
68Ireland23,562 t
69Singapore20,573 t
70Hong Kong SAR China17,911 t
71Azerbaijan16,218 t
72Sweden11,603 t
73Switzerland10,544 t
74Brunei9,284 t
75Tajikistan8,699 t
76Cambodia8,623 t
77Mozambique8,600 t
78Bosnia & Herzegovina8,592 t
79Kenya8,230 t
80Kyrgyzstan7,451 t
81Uganda7,351 t
82Jordan7,081 t
83Eswatini6,933 t
84Paraguay6,277 t
85Turkmenistan6,078 t
86Finland5,959 t
87North Korea5,000 t
88Myanmar (Burma)4,178 t
89Rwanda4,092 t
90Cuba4,000 t
91Armenia3,033 t
92Ghana2,953 t
93New Zealand2,654 t
94Timor-Leste2,610 t
95Bolivia2,452 t
96Bulgaria2,383 t
97Botswana2,226 t
98Malawi2,165 t
99Afghanistan1,512 t
100Honduras1,364 t
101Australia1,272 t
102Angola1,261 t
103Laos1,165 t
104Cyprus1,044 t
105Ukraine1,005 t
106Montenegro830 t
107Senegal821 t
108Lithuania794 t
109Luxembourg759 t
110Macao SAR China595 t
111Seychelles591 t
112Jamaica565 t
113Tanzania549 t
114Gabon522 t
115Côte d’Ivoire347 t
116Estonia343 t
117Kuwait323 t
118Mongolia216 t
119Mauritius210 t
120Qatar188 t
121Guatemala173 t
122Mali150 t
123Congo - Kinshasa145 t
124Madagascar142 t
125Syria130 t
126Congo - Brazzaville123 t
127Sri Lanka114 t
128Guyana110 t
129Burkina Faso101 t
130Namibia76 t
131Trinidad & Tobago66 t
132Suriname60 t
133St. Vincent & Grenadines47 t
134Iceland47 t
135Bahamas45 t
136Bahrain45 t
137Latvia43 t
138New Caledonia42 t
139St. Kitts & Nevis37 t
140Sierra Leone33 t
141Papua New Guinea32 t
142Oman30 t
143El Salvador29 t
144Cape Verde27 t
145Fiji25 t
146Georgia24 t
147Maldives22 t
148Equatorial Guinea21 t
149Zambia20 t
150St. Lucia14 t
151Malta13 t
152Niger9 t
153South Sudan8 t
154Palestinian Territories6 t
155North Macedonia6 t
156Guinea5 t
157Faroe Islands4 t
158French Polynesia4 t
159Lesotho3 t
160Yemen2 t
161Sudan2 t
162Liberia2 t
163Gambia1 t
164Solomon Islands1 t
165Albania1 t
166Samoa1 t

FAOSTAT trade data, 2024.

Top Soybean Exporters

RankCountry
1Brazil98,812,924 t
2United States52,327,703 t
3Paraguay7,987,014 t
4Canada5,102,633 t
5Argentina4,145,167 t
6Ukraine3,429,757 t
7Uruguay2,675,402 t
8Netherlands790,183 t
9Russia714,281 t
10Nigeria283,379 t
11Croatia238,051 t
12Romania223,027 t
13Bolivia202,391 t
14South Africa150,412 t
15Slovakia146,758 t
16Poland142,321 t
17Hungary130,817 t
18Belgium129,225 t
19Austria129,193 t
20Ethiopia105,028 t
21Slovenia99,100 t
22France89,993 t
23Ghana87,684 t
24China66,369 t
25Türkiye56,234 t
26Togo49,196 t
27Czechia45,853 t
28Germany41,251 t
29Kazakhstan40,479 t
30Italy29,063 t
31Mozambique20,457 t
32Burkina Faso14,599 t
33Zambia13,658 t
34Cambodia13,077 t
35Malawi12,548 t
36Malaysia11,761 t
37Portugal11,021 t
38Uganda10,549 t
39Serbia7,712 t
40Sudan7,580 t
41India7,169 t
42Spain5,338 t
43Côte d’Ivoire4,947 t
44Tanzania4,748 t
45Australia4,625 t
46Bosnia & Herzegovina3,920 t
47Denmark3,283 t
48Syria3,277 t
49Lithuania3,099 t
50Azerbaijan3,000 t
51Chile2,844 t
52United Kingdom2,736 t
53Indonesia2,638 t
54Greece2,363 t
55United Arab Emirates2,072 t
56Ireland1,390 t
57Estonia1,309 t
58Mali941 t
59Moldova895 t
60Singapore755 t
61Eswatini620 t
62Hong Kong SAR China618 t
63Pakistan502 t
64Thailand246 t
65Uzbekistan220 t
66Senegal180 t
67Japan154 t
68Sweden137 t
69Vietnam130 t
70Somalia129 t
71Belize72 t
72Taiwan70 t
73Angola60 t
74Iran42 t
75Switzerland38 t
76Egypt30 t
77New Zealand26 t
78Laos23 t
79Latvia23 t
80Sri Lanka22 t
81Nepal22 t
82Zimbabwe22 t
83Myanmar (Burma)20 t
84Congo - Kinshasa18 t
85Norway17 t
86Ecuador13 t
87Finland11 t
88Guatemala10 t
89Algeria9 t
90Bulgaria7 t
91South Korea7 t
92Peru5 t
93Luxembourg3 t
94Bangladesh1 t
95Costa Rica1 t
96Saudi Arabia1 t
97Trinidad & Tobago1 t
98Mauritius1 t
99Honduras1 t

FAOSTAT trade data, 2024.

Frequently Asked Questions

Soybeans: what is the latest price?
The latest price is 524 USD/mt (World, Sep 2026, monthly data, World Bank).
Soybeans: how often is the price updated?
agri.markets checks its sources every day and shows the newest value each of them has published. How often a value changes depends on the source; the period is shown next to the price.
Soybeans: where does the price data come from?
From USDA NASS, World Bank, Statistics Canada, FAO GIEWS, and USDA AMS. Each regional page names its own source.
Soybeans: is this a live or futures price?
No. agri.markets shows benchmark and regional prices from public statistical sources, not real-time exchange quotes.

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