Skip to content
Home > Blog > F&B Market News > Today's market price newsletter > How much is soybean per kg today? Update on the latest soybean sprout prices

How much is soybean per kg today? Update on the latest soybean sprout prices

How much is soybean per kg today? Update on the latest soybean sprout prices

Soybeans, also known as soya beans, are a nutrient-rich veggies used in culinary applications and various processed products. With the increasing demand for consumption, the price of soybean is always a concern for many people. So, how much is 1kg of soybeans today? The following article by Kamereo will provide the latest updates on soybean prices Monday, February 17, 2025, along with the factors that influence price fluctuations.

📖 This article belongs to the TODAY’S MARKET PRICE NEWSLETTER series

This is a series of articles providing detailed and updated information on the prices of goods on the market.

Today’s Soybean Price

The current price of soybean ranges from 14,000 to 50,000 VND/kg depending on the type, offering consumers a variety of choices.

For more information on the price of each type of soybean, from the price of US soybeans today to the price of animal feed soybeans and the price of dried soybeans, please refer to the detailed price list below:

Type of SoybeanPriceUnit
Soybean on the market36,000 - 50,000VND/kg
Soybean at the wholesale market15,000 - 350,000VND/kg
US soybean seeds30,000 - 43,000VND/kg
Soybean meal14,000 - 16,000VND/kg
Dried soybeans55,000 - 60,000VND/kg

(Updated: December 2024)

Note: Soybean prices in the market are for reference only. In reality, selling prices can vary significantly due to the influence of many factors such as fluctuations in exchange rates, inflation, trade regulations, etc.

Today's soybean price fluctuates between 14,000 - 90,000 VND/kg
Today’s soybean price fluctuates between 14,000 – 90,000 VND/kg

Factors Affecting Price of Soybean

Soybean prices in the market are influenced by many factors, from natural conditions to economic activities and global policies. These price fluctuations can significantly affect farmers, processing businesses, and consumers. Here are the main factors affecting soybean prices:

  • Supply and demand in the market: Supply and demand are the most basic factors determining the price of soybean. In particular, the output in the United States – the world’s largest soybean producer – will have a major impact on global supply. A bumper crop in the US could increase supply, thereby reducing soybean prices. Conversely, if the crop fails due to bad weather or other factors, soybean prices will tend to increase due to limited supply.
  • Weather: Drought, heavy rain, or other extreme weather events can reduce soybean yields, leading to higher prices. In return, favorable weather conditions will contribute to a bumper crop, increasing supply and lowering prices.
  • Input factors: Production costs also affect soybean prices. The prices of inputs such as seeds, fertilizers, pesticides, fuel, and labor all contribute to the cost of growing soybeans. When the price of these inputs increases, farmers may reduce output or increase selling prices to offset costs, leading to higher soybean prices.
  • Consumption demand: Soybeans are widely used in the production of food for humans and animal feed. Therefore, population growth, income, and changes in consumption habits can all increase the demand for soybeans, thereby pushing prices up.
  • USD price: The value of the US dollar (USD) has an inverse relationship with the price of soybean. When the USD appreciates, soybean prices tend to decrease, as soybeans are priced in USD on the international market.
  • Substitute products: Corn is a popular substitute crop for soybeans. Farmers can choose to grow corn or soybeans depending on market conditions and potential profits. When corn prices rise, farmers may switch to growing corn instead of soybeans, reducing soybean supply and increasing prices.
Price of soybean decrease when the USD increases due to exchange rate impacts
Price of soybean decrease when the USD increases due to exchange rate impacts

Soybean Price Forecast

The global soybean market is experiencing positive developments after the Christmas holidays. Strong buying force pushed soybean and dried soybean prices up 1% and 4.37%, respectively.

Experts predict that soybean prices will continue to increase in the coming time. This is good news for investors and soybean farmers. The increase in soybean prices will help improve income and somewhat offset the difficulties caused by the decrease in demand from China.

However, the market still has many potential risks and fluctuations, requiring stakeholders to closely monitor developments and make appropriate adjustments.

Positive changes in soybean prices after Christmas
Positive changes in soybean prices after Christmas

Buy Good Quality Soybeans at Competitive Prices from Kamereo

Kamereo is the ideal choice if you are looking for a reputable source of soybeans in bulk. We are proud to be a trusted partner of more than 3,000 hotels, restaurants, and F&B businesses in Ho Chi Minh City, Hanoi, Vung Tau, Phan Thiet, and neighboring provinces. Owning a modern warehouse system, Kamereo is committed to maintaining the optimal quality of soybeans throughout the storage process.

Some soybean products currently available at Kamereo:

Always aiming for sustainable development, Kamereo also actively cooperates with reputable farms and warehouses, ensuring a high-quality soybean supply. This cooperation not only brings economic benefits to Kamereo but also ensures that customers always receive the best products.

Besides product quality, Kamereo pays special attention to fast and on-time delivery, promptly meeting customer needs. In particular, Kamereo also offers a convenient online shopping experience with a beautiful and easy-to-use website interface. Customers can easily search and select soybean products that suit their needs with just a few simple steps.

Kamereo - Address Providing Good Price, High Quality Soybeans, Fast Delivery in Hanoi, Ho Chi Minh City
Kamereo – Address Providing Good Price, High Quality Soybeans, Fast Delivery in Hanoi, Ho Chi Minh City

Conclusion

Hopefully, the information about the price of soybean today has provided an overview for farmers and businesses in the F&B industry. However, this price list is for reference only, the actual soybean price may fluctuate depending on the time and region. To update the latest market developments, please regularly follow F&B Business Tips!

0/5 - (0 vote)
Spread the love
Cẩm Tú

Cẩm Tú

As a content writer with a deep passion for culinary culture, I constantly seek inspiration from real-life experiences and innovations in the F&B industry. I believe that cuisine is not merely a story of flavors but also a reflection of culture, creativity, and social trends. Through each article, I hope to provide readers with valuable information and inspiration on the Kamereo website.View Author posts