Soybeans Futures Pricing

Chicago Board of Trade · November 2026 contract · Priced in U.S. cents per bushel

Cash Basis

USDA · Sep 28

No report

Strongest Arkansas −24¢ · weakest Colorado −118¢

USDA country-elevator bids against November futures, in cents per bushel; the legend runs from the weakest basis to the strongest.

Every state's basis, its regions and the terminal markets are for Farmbucks members. See what's included

Storage Signal

Latest trades

Nov → Jan: Carry · +15.50

Carry (+) means later months trade above the nearby: the market is paying toward storage. Inverted (−) means the nearby trades above later months. Not trading advice.

Futures Chain

17 contracts

ZSX26 Nov 2026 OI 441,611 1,296.75 ¢/bu +8.50 +0.66%

ZSF27 Jan 2027 OI 203,318 1,312.25 ¢/bu +9.25 +0.71%

ZSH27 Mar 2027 OI 178,799 1,321.00 ¢/bu +9.00 +0.69%

ZSK27 May 2027 OI 105,912 1,329.25 ¢/bu +9.50 +0.72%

ZSN27 Jul 2027 OI 98,190 1,333.25 ¢/bu +8.25 +0.62%

ZSQ27 Aug 2027 OI 9,294 1,316.00 ¢/bu +7.00 +0.53%

ZSU27 Sep 2027 OI 4,996 1,276.00 ¢/bu +5.50 +0.43%

ZSX27 Nov 2027 OI 42,901 1,262.25 ¢/bu +4.50 +0.36%

ZSF28 Jan 2028 OI 3,134 1,271.00 ¢/bu +2.50 +0.20%

ZSH28 Mar 2028 OI 2,724 1,269.00 ¢/bu +3.75 +0.30%

ZSK28 May 2028 OI 881 1,266.75 ¢/bu 0.00 0.00%

ZSN28 Jul 2028 OI 944 1,270.50 ¢/bu 0.00 0.00%

ZSQ28 Aug 2028 OI 15 1,257.25 ¢/bu 0.00 0.00%

ZSU28 Sep 2028 OI 20 1,225.25 ¢/bu 0.00 0.00%

ZSX28 Nov 2028 OI 303 1,219.00 ¢/bu 0.00 0.00%

ZSN29 Jul 2029 OI 4 1,238.00 ¢/bu 0.00 0.00%

ZSX29 Nov 2029 OI 10 1,180.50 ¢/bu 0.00 0.00%

Open interest (OI) is how many contracts are still open in each month.

Commitments of Traders

Tuesday, Sep 22

Managed moneyBought 20.3K on the week · net long for 49 weeks: +265K
Producers and merchantsLong 384K · short 690K · net −13.8K on the week: −306K
Open interest Up 12.0K on the week · 678 traders: 1.43M

CFTC Commitments of Traders (disaggregated), CBOT soybeans futures and options combined: positions as of Tuesday, Sep 22, published Friday, Sep 25; the next report (Sep 29 positions) is out Friday, Oct 2 at 3:30 pm ET. Net is longs less shorts, in contracts of 5,000 bushels.

Two years of fund positioning, the three-year range and every trader group are for Farmbucks members. See what's included

More for members

Every state's cash basisThe typical basis and range in each of 18 states, each state's regions, and the terminal markets
The full Commitments of TradersTwo years of fund positioning, charted, its three-year range, and every trader group

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About

Cash Basis. USDA Agricultural Marketing Service, Market News, Daily Grain Bids: what country elevators, terminals and processors bid in each state, against November futures, published weekday afternoons.

Storage Signal. Worked out from the futures themselves: the front month against the next, and old crop against new while the front month is old crop, at the latest trades while the market is open, else at the last settle.

Futures Chain. Every CBOT contract month now trading, with its last price, the day’s change and its open interest.

Commitments of Traders. U.S. Commodity Futures Trading Commission, Commitments of Traders (disaggregated): the open positions of each kind of large trader as of Tuesday’s close, published Fridays at 3:30 pm ET (the following Monday in a holiday week).

Market Data: Futures price data on Farmbucks is provided by DTN, CME Group, and ICE. Cash basis is from USDA AMS daily grain bid reports; positioning is from the CFTC's Commitments of Traders; the natural gas outlook and storage are from the U.S. Energy Information Administration. This data is for informational purposes only, may be subject to delays or inaccuracies, and is not trading advice. Please consult official sources or your broker for trading decisions.