Soybean futures are set for their biggest weekly drop since July 2024 as US exports stall after Donald Trump delayed a meeting with Xi Jinping. February shipments to China were strong, but new orders have slowed, with export sales down 35%. Rising fuel and fertilizer costs from the Iran war threaten planting. Meanwhile, Brazilian supplies to China are increasing, adding pressure to prices.

2026-03-21

Soybean futures are set for their biggest weekly drop since July 2024 as US exports stall after Donald Trump delayed a meeting with Xi Jinping. February shipments to China were strong, but new orders have slowed, with export sales down 35%. Rising fuel and fertilizer costs from the Iran war threaten planting. Meanwhile, Brazilian supplies to China are increasing, adding pressure to prices.