Soybeans predominantly weaken on Friday
In the agricultural heartland of the United States, soybean prices are holding steady, reflecting strong fundamentals and high yield prospects in key regions like Iowa and Wisconsin.
According to forecasts, Iowa is set to produce nearly record soybean yields of around 62.3 bushels per acre (bpa), slightly below the record but still quite robust, supporting a robust supply potential in this key production state. Wisconsin, on the other hand, is estimated to yield approximately 51.6 bpa, which is around 3% below its five-year average, indicating some regional variability despite good crop ratings and weather recovery.
Meanwhile, Minnesota forecasts soybean yields of roughly 51.3 bpa, near average, while North Dakota shows more modest yields around 34.7 bpa, consistent with its typical averages.
Soybean prices, both cash/farm gate and processing values, are also looking positive in key Midwest states. The USDA AMS weekly market report from early August 2025 indicates soybean values near $12.49 per bushel in Iowa, $13.19 in Illinois, and $13.06 in Indiana-Ohio regions. Soybean oil values hover near 54 cents per pound in these same major production states.
These high and near-record yields in major producing states like Iowa and Illinois are expected to increase total U.S. soybean production potential despite some regional variability, contributing to a balanced or slightly bullish supply outlook. The USDA national forecast suggests a record average soybean yield near 53.6 bpa nationally, with production adjusted slightly downward due to acreage changes, not yield degradation.
Steady soybean supplies underpin by these high yield prospects in the Midwest may moderate price spikes but are also affected by export demand, global market dynamics, and weather developments ahead. The overall market outlook remains stable, with ample supply expected in 2025.
These factors suggest the market remains closely tied to regional weather and global demand but is currently well-supported by expected production volumes. For more specific daily price updates or export market impact analysis, specialized USDA market services or commodity trading platforms can provide real-time data.
[1] USDA National Agricultural Statistics Service. (n.d.). Iowa. Retrieved from https://www.nass.usda.gov/Quick_Stats/Ag_Overview/stateOverview.php?state=IA [2] USDA National Agricultural Statistics Service. (n.d.). Wisconsin. Retrieved from https://www.nass.usda.gov/Quick_Stats/Ag_Overview/stateOverview.php?state=WI [3] USDA Agricultural Marketing Service. (2025, August 5). Crop Progress and Condition Report. Retrieved from https://www.ams.usda.gov/services/agrimeetings/crop-progress-reports [4] USDA National Agricultural Statistics Service. (2025, August 12). Crop Production. Retrieved from https://www.nass.usda.gov/Statistics_by_State/Production_Expenses/Crop_Production/Crop_Production_Summaries/2025/index.php
Finance analysts closely monitor the robust supply potential of soybeans in key states like Iowa, as forecasts predict near-record yields and positive prices, influencing the state's overall agricultural economy. With the USDA national forecast suggesting a record average soybean yield, finance experts assess the potential impact on commodity trading and investment decisions.
