# Soybeans rise in Chicago on smaller stocks; corn falls

> USDA's November report put 2026/27 US soybean production at 4.574 billion bushels, above the prior 4.562 billion but below the 4.601 billion the market expected. Final US soybean stocks were cut to 300 million bushels against 336 million expected, and exports were raised to 1.720 billion bushels, lifting Chicago soybeans.

- Date: 2026-11-15 · published 2026-11-15T12:05:37.069Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/101078-soybeans-rise-in-chicago-on-smaller-stocks-corn-falls
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A tighter-than-expected US soybean balance sheet and higher export demand support soybean and meal prices and can partly pass through to Brazilian farm-gate prices. Corn weakened on the same report, so the grains moved in different directions.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-09-29 | [Corn, Soybean Futures Climb on Surprise Stocks Report \| Fox Business](https://feedsoft.ai/events/7538-corn-soybean-futures-climb-on-surprise-stocks-report-fox-business.md) | +0.9% | +1.2% |
| SOY | 2022-06-10 | [USDA Sees Smaller Soybean Stocks for Old and New Crops](https://feedsoft.ai/events/40896-usda-sees-smaller-soybean-stocks-for-old-and-new-crops.md) | -3.4% | -7.2% |
| SOY | 2020-10-09 | [Soybeans rally on tight new crop ending stocks](https://feedsoft.ai/events/50665-soybeans-rally-on-tight-new-crop-ending-stocks.md) | +1.2% | +4.9% |
| SOY | 2025-04-10 | [US Corn and Soybean Ending Stocks Decrease in 2024/2025](https://feedsoft.ai/events/25067-us-corn-and-soybean-ending-stocks-decrease-in-2024-2025.md) | +2.6% | +2.4% |
| SOY | 2019-09-30 | [Corn and Soybean Stocks Come In Below Trade Expectations \| Red River Farm Network](https://feedsoft.ai/events/57013-corn-and-soybean-stocks-come-in-below-trade-expectations-red-river-farm-network.md) | +3.8% | +4.2% |
| SBM | 2022-06-10 | [USDA Sees Smaller Soybean Stocks for Old and New Crops](https://feedsoft.ai/events/40896-usda-sees-smaller-soybean-stocks-for-old-and-new-crops.md) | +0.3% | +7.6% |
| SBM | 2020-10-09 | [Soybeans rally on tight new crop ending stocks](https://feedsoft.ai/events/50665-soybeans-rally-on-tight-new-crop-ending-stocks.md) | +3.6% | +8.0% |
| SBM | 2019-09-30 | [Corn and Soybean Stocks Come In Below Trade Expectations \| Red River Farm Network](https://feedsoft.ai/events/57013-corn-and-soybean-stocks-come-in-below-trade-expectations-red-river-farm-network.md) | +3.1% | +4.6% |

## Sources

- agronews.tv.br: https://www.agronews.tv.br/soja-sobe-chicago-estoques-menores

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.