🌾 Soybean Futures (ZSH2026) — Market Snapshot
📈 Trend: Bearish (Harvesting set to begin at the end of January)
⚠️ Favorable weather in Brazil has lifted forecasts for the 2025/26 soybean crop to over 180 million tons. While Soybean sales to China remain weak
🌍 New Mato Grosso law could increase unverified soybean supply and enable Amazon farmers to expand planting.
📊 Technical Indicator: 🔁 Support & Resistance
🧭 RSI: 39.06 — signaling strong buying momentum.
💰 Support: 🟢 1,045 USD/bu
🎯 Downward revision of US 2025/26 exports to 44.5 million tons, down from 51.2 million tons last season.
💵 Resistance: 🔴 1,090 USD/bu
📉 Traders eyeing profit-taking or resistance pressure near this region.
📊 Open Interest: 📄 367.83K contracts
🪙 Reflects healthy participation — indicating active positioning in the futures market.
🛢️ Future Type: 🌱 Soybean (ZSH2026)
📍 Traded on the Chicago Board of Trade (CBOT) — benchmark for global soybean pricing.
It’s a caution that the information provided is for knowledge purposes only and should not be taken as a recommendation to buy or sell assets.
The Agri-Crop editorial team comprises commodity market analysts, rice trade specialists, and agriculture industry professionals based in Pakistan. We track daily price movements, export data, and policy developments across Pakistan’s key agricultural sectors.
