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Soybean Futures Soar as Farmers Cash In Amid Price Surge

10/30/2025

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Summary

Story summary

Basis bids for soybeans and corn in the U.S. Midwest rose as farmers sold crops amid higher prices.
Chicago Board of Trade soybean futures reached a 15-month high as China began purchasing U.S. soybeans this season.
The national average corn basis rose slightly, and cash prices for corn and soybeans improved.
Wheat prices rose modestly.
Cattle cash trade declined, and hog prices fell on weaker seasonal demand.

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Story summary

Basis bids for soybeans and corn in the U.S. Midwest rose as farmers sold crops amid higher prices.
Chicago Board of Trade soybean futures reached a 15-month high as China began purchasing U.S. soybeans this season.
The national average corn basis rose slightly, and cash prices for corn and soybeans improved.
Wheat prices rose modestly.
Cattle cash trade declined, and hog prices fell on weaker seasonal demand.