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Soybeans Collapse the Limit on Monday, with Uncertainty on China

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⚡ Quantum Brief
Soybean futures plunged 60-70 cents to their daily limit on March 16, 2026, with expanded $1.05 limits set for Tuesday amid China trade uncertainty. Cash prices dropped 70.5 cents to $10.8075. China signaled reduced soybean demand, favoring non-soy crops, casting doubt on an 8 MMT purchase Trump proposed last month. A potential delay in U.S.-China talks added pressure after Trump linked Hormuz tensions to negotiations. U.S. soybean exports hit 966,082 MT for the week ending March 12, up 45.4% year-over-year, but 2025/26 marketing-year exports remain 28.3% below last year’s pace. NOPA reported record February soybean crush at 208.785 mbu, up 10.57% annually, though oil stocks surged 38.37% year-over-year, weighing on soy oil futures, which fell 350 points. Brazil’s harvest lagged at 61% complete, down from 70% last year, while crude oil dropped $4.49, compounding commodity market volatility.
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AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Soybeans Collapse the Limit on Monday, with Uncertainty on China March 16, 2026 — 10:13 pm EDT Written by Austin Schroeder for Barchart-> Soybeans were down 60 to the 70 cent limit on Monday across the front months. Expanded limits of $1.05 are set for Tuesday. The cmdtyView national average Cash Bean price was down 70 1/2 cents at $10.80 3/4. Soymeal futures were down $5.10 to $11.50 in the front months to close out the day, with Soy Oil futures down the 350 point limit through September. Crude oil was down $4.49 on the day.US Treasury Secretary Bessent and Chinese counterparts met this weekend in Paris to prep for the meeting between President Trump and President Xi later this month. Following the meeting it was noted that China was open to buying more US ag goods, specifically more non-soybean row crops, putting some doubts on another 8 MMT for the current MY suggested by President Trump last month. Late on Sunday President Trump stated there could be a delay in the meeting with China, while also expecting to see China help unblock the Strait of Hormuz, with some thinking that the two are tied to one another, though Secretary Bessent has stated they are not. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis. USDA’s FGIS tallied soybean export shipments at 966,082 MT (34.5 mbu) during the week ending on March 12. That was 8.9% above the week prior and 45.4% larger than the same week last year. China was the top destination of 545,858 MT, with 224,944 MT headed to Egypt and 20380,194 MT to Mexico. Marketing year exports for 2025/26 are 28.06 MMT (1.031 bbu) since September 1, which is now 28.3% below the same period last year.NOPA data from this morning, showed a February record 208.785 mbu of soybeans crushed among members. That was up 10.57% from a year ago but down 1.52% from January. Daily crush of 7.46 mbu was a record for any month through NOPA’s history. Soybean oil stocks were 2.08 billion lbs, a 38.37% yr/yr increase, with a monthly jump of 9.49%.Brazil’s soybean harvest was tallied at 61% complete by Thursday according to AgRural, behind the 70% pace from last year. May 26 Soybeans closed at $11.55 1/4, down 70 cents,Nearby Cash was $10.80 3/4, down 70 1/2 cents,Jul 26 Soybeans closed at $11.67 1/2, down 70 cents,Aug 26 Soybeans closed at $11.52 1/4, down 66 cents, On the date of publication, Austin Schroeder did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here. More news from Barchart Corn Prices Are Trending Higher. 1 Options Trade to Make Now.

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Market Top Alert: Did Soybean Oil Prices Just Hit Their Peak? The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags Stocks Barchart With headquarters in the heart of Chicago's financial district, Barchart has been an industry-leader since 1995 when we launched Barchart.com as one of the first websites for commodities and futures market data. Since then, we have evolved into a global financial technology leader providing market data and services to the global financial, media, and commodity industries. More articles by this source-> More Related Articles This data feed is not available at this time. Data is currently not available • Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.

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