🌾 Soybean Futures (ZSF2026) — Market Snapshot
📈 Trend: Range-Bound
⚠️ China has purchased at least 10 cargoes.
📊 Technical Indicator: 🔁 Support & Resistance
🧭 RSI: 74.72 — signaling strong buying momentum, approaching the resistance level at 80.
💰 Support: 🟢 1,078 USD/bu
🎯 Remain cautious: U.S. soybeans still face a 13% Chinese tariff, compared with only 3% for Brazilian beans — a factor limiting upside momentum.
💵 Resistance: 🔴 1,162 USD/bu
📉 Traders eyeing profit-taking or resistance pressure near this region.
📊 Open Interest: 📄 354.94K contracts
🪙 Reflects healthy participation — indicating active positioning in the futures market.
🛢️ Future Type: 🌱 Soybean (ZSF2026)
📍 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.
