Correction to Soybean CFR China (US Gulf) premiums, outright prices and rationale on July 17, 2025

Fastmarkets
18 Jul

The rationale for AG-SYB-0006 Soybean CFR China (US Gulf) Premium c$/bu erroneously stated “The soybean CFR China (USG) basis assessment for September shipment was assessed 23 cents per bu lower at a premium of 193 cents per bu over the September CME soybean futures contract in line with the respective FOB assessment, prevailing freight indications and effective tariffs of 23%, following the methodology change, effective 17 July, 2025.”

This has been corrected to “The soybean CFR China (USG) basis assessment for September shipment was assessed 100 cents per bushel higher at a premium of 316 cents per bushel over the September CME soybean futures contract in line with the US Gulf FOB assessment, freight rates and effective Chinese tariffs of 23% on US soybean imports, following the methodology change effective from July 17, 2025.”

The incorrect prices:AG-SYB-0005 Soybean CFR China (US Gulf) $/mtM1: $441.75 per tonneM2: $441 per tonneM3: $439.75 per tonneM4: $441.75 per tonneM5: $441.25 per tonneM6: $442.75 per tonne 

AG-SYB-0006 Soybean CFR China (US Gulf) Premium c$/buM1: 187 cents per bushelM2: 193 cents per bushelM3: 175 cents per bushelM4: 181 cents per bushelM5: 162 cents per bushelM6: 166 cents per bushel

These have been corrected to:AG-SYB-0005 Soybean CFR China (US Gulf) $/mtM1: $474.75 per tonneM2: $473 per tonneM3: $471.25 per tonneM4: $473.50 per tonneM5: $473.25 per tonneM6: $474.75 per tonne 

AG-SYB-0006 Soybean CFR China (US Gulf) Premium c$/buM1: 313 cents per bushelM2: 316 cents per bushelM3: 297 cents per bushelM4: 303 cents per bushelM5: 285 cents per bushelM6: 289 cents per bushel

These prices are part of the Fastmarkets Grains and Oils, Fats and Biofuels packages.

For more information or to provide feedback on this correction notice or if you would like to provide price information by becoming a data submitter to this prices, please contact Eduardo Tinti by email at: pricing@fastmarkets.com. Please add the subject heading “FAO: Eduardo Tinti, re: Soybean CFR China.“

Please indicate if comments are confidential. Fastmarkets will consider all comments received and will make comments not marked as confidential available upon request.

To see all Fastmarkets pricing methodology and specification documents, go to https://www.fastmarkets.com/methodology.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10