About this chart: This is the weekly chart of CBOT March soybeans. You can see the low ($10.17) in the first week of August 2025, and the rally to the high ($10.94), before pulling back to the harvest low ($10.28) in early October. The soybean market then rallied $1.44 per bushel to the November high ($11.72). In the last five weeks, March futures have had lows of $11.13, $11.27, $11.23, $11.25 and the low this week at $11.15.
What does this mean for you: After the recent three-week price correction, now a close above $11.72 will project prices up to the May 2024 high ($12.09). If the low does not come in this week, then expect a low between December 19 and 26.