Soybean is the most produced oil crop in the world, with great increase in its annual production as well as great generation of waste from its industrialization. The soybean hulls can be used for the elaboration of products such as carboxymethyl cellulose (CMC), adding high value to this residue and it can be used as a coating polymer in seeds. The objective of this work was to analyze the physiological quality of soybean seeds treated with CMC and fungicide, recording images to verify the effectiveness of the coating in the seeds. The experiment was randomized into factorial scheme 2 × 4 with four replicates, two soybean cultivars M-7110 and M-7739 and four types of coating: without (control), CMC, fungicide and fungicide/CMC. The variables analyzed were: vigor (first count), germination test, accelerated aging, length and dry mass of the radicle and hypocotyl length. The images were made with a scanning electron microscope (SEM) with zoom of 50 and 200 times. The CMC used alone or with fungicide, provided good physiological quality of soybean seeds. In some analyzes there was difference between the cultivars M 7110 and M 7739. The combination of CMC and fungicide provided a better coating on the seeds.