12/08/25 Soybeans Break Down

12/08/2025 Click Above to Watch the Morning Market Talk Video Soybeans Break Down On the Grains Soybeans faced follow through selling overnight after violating the neckline of the head-and-shoulders formation on the daily charts on Friday. That projects January futures to the $10.50 area. The contract traded below $11 for the first time since Oct. 30 overnight. There’s a chart gap from $10.70 1/4 to $10.63 that bears will try to fill. Corn and wheat mostly ignored the pressure on soybeans overnight. U.S. Trade Representative Jamieson Greer said Sunday that China is complying with the trade commitments made in recent bilateral agreements, emphasizing that the terms are “quite specific” and closely monitored by Washington. He said the U.S. is able to verify China’s actions “with some ease,” adding that “so far, we’re seeing that they’re in compliance.” Greer noted China is roughly one-third of the way through its pledged soybean purchases for the current growing season. As of Friday, USDA had confirmed 2.713 MMT of soybean sales to China for 2025-26. China’s Nov. Soybean Imports Highest Since 2021; 2025 Exports Top $1 Tril. China imported 8.11 MMT of soybeans in November, up 13.4% from year-ago and the highest total for…