Soy Market Analysis: Trade Stability and Influencing Factors

The soybean market shows stable trading this Thursday, with contracts presenting a fractional mix. The national average price of cmdtyView is ¼ cent higher, standing at $9.33. Futures have decreased between $2.50 and $3.70 on the day, while short-term futures show an increase of 35 points.

Political and Commercial Developments

Argentina has lifted the suspension of export taxes, after reaching the target of $7 billion in exports in the first few days. On the other hand, a spokesperson for the Chinese ministry of commerce has urged the United States to eliminate the “irrational tariffs,” in response to the lack of purchases of U.S. soybeans.

Export Sales Data

The export sales data published this morning reveals:

• 724,459 metric tons ™ of soybean sales for 2025/26 in the week ending 09/18
• This figure is at the lower end of traders' expectations, which ranged from 0.6 to 1.6 million TM.
• Represents a decrease of 21.5% compared to the previous week
• It only reaches half the volume recorded in the same week last year, due to China's inactivity in the market.

Sales of Flour and Soybean Oil

• Flour sales: 226,164 MT in total
  • 79,613 TM for the current trading year
  • 146,551 TM for 2025/26
• Soybean oil sales: 29,922 MT in total
  • Current commercial year: net reduction of 23,296 TM
  • 2025/26: 53,218 TM in sales

Price Updates

Implications for the Cryptocurrency Market

The stability observed in the soybean market could have interesting implications for cryptocurrency markets. Agricultural commodities, such as soybeans, often serve as indicators of global economic health and can influence capital flows into alternative assets such as cryptocurrencies.

Potential correlations:

• The stability in soybean prices could indicate lower volatility in the commodity markets, which could lead investors to seek returns in more dynamic markets such as cryptocurrencies.
• The trade tensions between the United States and China, evidenced by comments on tariffs, could increase interest in decentralized assets such as cryptocurrencies as a hedge against geopolitical instability.

Cryptocurrency traders on CEX platforms should stay alert to how these macroeconomic factors could influence market sentiment and capital flows in the coming days.