Soybean commentary: China’s rumored return to US soybean market bolsters bullish momentum from NOPA crush report

Fastmarkets06-17

While the rumor could not be confirmed by the time of publication, sources told Fastmarkets that current holding and upward reversal in soybean futures would be well-correlated with Chinese interest. ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoybean commentary: China’s rumored return to US soybean market bolsters bullish momentum from NOPA crush report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-17 12:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fastmarkets.com/insights/soybean-commentary-chinas-rumored-return-to-us-soybean-market-bolsters-bullish-momentum-from-nopa-crush-report/><strong>Fastmarkets</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>While the rumor could not be confirmed by the time of publication, sources told Fastmarkets that current holding and upward reversal in soybean futures would be well-correlated with Chinese interest.\n...</p>\n\n<a href=\"https://www.fastmarkets.com/insights/soybean-commentary-chinas-rumored-return-to-us-soybean-market-bolsters-bullish-momentum-from-nopa-crush-report/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SOYB","symbol_name":"Teucrium Soybean Fund","start_time":0,"source_url":"https://www.fastmarkets.com/insights/soybean-commentary-chinas-rumored-return-to-us-soybean-market-bolsters-bullish-momentum-from-nopa-crush-report/","article_id":"2644749852","we_media_id":null,"thumbnails":[],"rights":{"source":"fastmarkets_highlight","url":"https://www.fastmarkets.com/insights/soybean-commentary-chinas-rumored-return-to-us-soybean-market-bolsters-bullish-momentum-from-nopa-crush-report/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2644749852","pubTimestamp":1781668800,"columns":[],"sourceInfo":{"source_id":"fastmarkets_highlight","name":"Fastmarkets"},"weMediaInfo":null,"summary":"Soybean and soybean meal futures continued to ride on the coattails of the bullish National Oilseed Processors Association (NOPA) crush report on Tuesday June 16, with market chatter that China is bidding on — or indeed may have already bought — US beans for February, giving much-lauded impetus to further increases in futures markets over the period.","collect":0,"end_time":0,"defaultTopTitle":"fastmarkets.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SOYB":"Teucrium Soybean Fund"},"translate_title":"大豆评论：传闻中国重返美豆市场提振NOPA压榨报告看涨势头","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SOYB":1.5},"content_text":"While the rumor could not be confirmed by the time of publication, sources told Fastmarkets that current holding and upward reversal in soybean futures would be well-correlated with Chinese interest.\nRecent moves in soybean futures have been predicated to a great extent on the anticipation of China’s meaningful return to the US market.\nThe front-month July contract for soybeans traded on the Chicago Mercantile Exchange settled at $11.30 per bushel on June 16, up by 0.96% from $11.1925 per bu on Monday, while the front-month July CME soybean meal contract settled at $304.80 per tonne, up by 0.93% from $302 per tonne over the period.\nChina’s potential return to the US market was reflected accordingly in global market prices, with Fastmarkets’ assessments of CIF Barge US Gulf prices rising throughout the forward curve from August to December.\nAugust loading was assessed at 94 cents per bu against Monday’s 88 cents per bu, implying a $3.75 per tonne gain in the same comparison, to $448 per tonne.\nConversely, Brazilian FOB Paranaguá paper market for July was 11 cents per bu lower at 87 cents per bu over the July futures.\nThe reversal in futures forced traders to recalculate their positions to keep the same balance with the outright offered prices and the buying prices for farmers.\nHowever, the outcome was a marginal $1 per tonne reduction in outright prices day on day to $446 per tonne.\n The soy complex remains governed by speculative moves that have seen fund liquidation skyrocket to multi-decade highs.\nThe advancing US-Iran peace talks, which promise the reopening of the Strait of Hormuz, have torpedoed crude oil futures, which have in turn dragged down soyoil futures.\nBrent crude oil futures continued their decline to trade just shy of $80 per barrel on June 16.\nThe July CME soybean oil closed at 72.92 cents per lb on June 16, down by 1.95% from 74.37 cents per lb in the same comparison.\nIn China, the world’s main destination market, the Dalian Commodity Exchange’s soyoil and soymeal contracts rose from the previous trading day.The most-liquid September soyoil contract was up by 0.20% to close at 8,345 yuan ($1,233) per tonne, and the corresponding soymeal contract rose by 0.14% to 2,945 yuan per tonne.Soymeal sales in China’s cash market were reported at 302,100 tonnes on Tuesday.The August soybean CFR China (Brazil) premium was assessed at 230 cents per bu over August CME futures, 10 cents per bu higher from the previous assessment and equivalent to an outright price of $495 per tonne.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; 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