
In my October 21 Barchart article, which recapped the price action in grain and oilseed markets in Q3, I highlighted the 2.2% decline in the nearby CBOT soybean futures market in Q3 and the 0.35% gain over the first nine months of 2025. The bean futures settled Q3 at just over $10 per bushel when I concluded:
At the current levels, prices have limited downside potential, while the upside could be substantial. I favor long positions in the sector, leaving plenty of room to add on further declines over the coming months. The 2026 crop year and supply uncertainty are just around the corner in early 2026, which could ignite price recoveries.