SOY

Soybeans are one of the most traded agricultural commodities globally, serving as a primary source of vegetable oil and high-protein animal feed. The CBOT soybean contract (ZS) is the reference price for international oilseed trade, with pricing driven by U.S. and Brazilian planting conditions, growing-season weather, USDA supply-and-demand reports, and Chinese import demand. Traders use soybeans as a core agricultural position and a gauge of global food-supply dynamics alongside corn and wheat in the broader grain complex.