Soybean Futures (ZS=F) price forecast

Soybean Futures is trading at 1,193. Over the next 4 hours our simulation puts it between 1,185 and 1,200— that's the 10th-to-90th percentile of 20,000 modelled outcomes, so roughly four times in five it should land inside that band. The odds of finishing higher are near a coin toss, so the model claims no directional signal here — the range is the whole forecast. These are probabilities, not predictions of certainty, and the backtest below shows exactly how often the model has been right.

Soybean Futures forecast by timeframe

Intraday horizons are free. Longer horizons — 1 day through 5 years — are part of Pro.

How accurate has this model been on Soybean Futures?

Every forecast site claims accuracy. Here is ours, measured by walk-forward backtest on data the model never saw during training. Where it has no edge over a naive baseline, we say so.

Backtested on 1795unseen samples. "No edge" means the model was no better than assuming the recent trend continues — an honest result, and a common one.

What the model is saying about Soybean Futures

The model sees soybean futures (ZS=F) holding near their current 1,193 level in the near term. Over one week it projects about 1,193 (expected return 0.08%), with a p10–p90 band of roughly 1,156 to 1,232 and a 51% chance of finishing higher. Over one month the expected price is about 1,195 (0.25%, 54% up), and over one year about 1,237 (3.77%, 59% up), but the range widens to roughly 988–1,550. Confidence tags fall from moderate to low to very low as the horizon lengthens. Annualised volatility of 17.43% and a 9% trailing-month gain frame a mildly upward drift with meaningful uncertainty. Crucially, the ML model does not beat its naive baseline at any horizon: accuracy is 49.1% vs 52.2% at one day, 50.0% vs 51.1% at one week, and 39.9% vs 52.7% at one month. Treat the directional calls as weak. A volatility spike, a break of the recent momentum, or the widening long-range band resolving toward its extremes would invalidate this outlook.

How to read this forecast

We don't publish a single price target, because nobody can know one. Instead the engine runs 20,000 simulated futures for Soybean Futures and reports the band containing the middle 80% of them — the 10th to 90th percentile. A wide band means genuine uncertainty; a narrow one means the recent range has been calm. The odds higher figure is a calibrated probability: when we say 60%, outcomes of that kind should finish higher about 60 times in 100. Near 50% there is no directional signal at all, and the range itself is the entire forecast.

More depth: what a forecast cone is, how to read a P10–P90 range, and what makes a probability trustworthy. Our public accuracy scorecard shows where the model has an edge — and where it has none.

Other commodity forecasts

Forecasts are probabilistic estimates from historical price data, not financial advice. Short-horizon direction has only a small measurable edge; long-horizon numbers reflect drift plus widening uncertainty and should be read as ranges, not targets. Figures update hourly. Coneview provides statistical market information, not financial advice.