# Soybeans near 2-week low as U.S. supply forecast weighs

> Chicago soybeans traded near two-week lows as estimates of record U.S. production weighed on the market. The USDA raised its soybean production outlook to a record 114.3 million tonnes from 110.5 million estimated in August, on an all-time high yield of 50.6 bushels per acre. Wheat slid while corn was nearly unchanged, and commodity funds were net sellers.

- Date: 2026-11-15 · published 2026-11-15T12:14:13.176Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/101148-soybeans-near-2-week-low-as-u-s-supply-forecast-weighs
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A larger expected U.S. soybean crop points to mounting stocks despite strong exports and crushing, which pressures soybean and meal prices. Possible upward revisions to planted acreage could add further supply.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: neutral
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2018-07-12 | [Soybean Prices Near Decade-Low as China Tariffs Hammer Supply Forecast](https://feedsoft.ai/events/63999-soybean-prices-near-decade-low-as-china-tariffs-hammer-supply-forecast.md) | +1.5% | +7.7% |
| SOY | 2023-04-11 | [USDA Forecasts Steady U.S. Corn and Soybean Supplies](https://feedsoft.ai/events/36342-usda-forecasts-steady-u-s-corn-and-soybean-supplies.md) | +2.0% | -1.2% |
| SOY | 2024-04-04 | [Corn and soybean prices extend losses on oversupply forecasts](https://feedsoft.ai/events/30757-corn-and-soybean-prices-extend-losses-on-oversupply-forecasts.md) | -1.5% | -2.2% |
| SOY | 2017-03-09 | [WASDE: U.S. Soybean Supply & Use Changes For Current](https://feedsoft.ai/events/71940-wasde-u-s-soybean-supply-and-use-changes-for-current.md) | -1.3% | -6.6% |
| SOY | 2021-11-24 | [USDA cuts U.S. ag export forecast amid weaker soybean demand](https://feedsoft.ai/events/14976-usda-cuts-u-s-ag-export-forecast-amid-weaker-soybean-demand.md) | -3.5% | +4.4% |
| WHEAT | 2024-04-04 | [Corn and soybean prices extend losses on oversupply forecasts](https://feedsoft.ai/events/30757-corn-and-soybean-prices-extend-losses-on-oversupply-forecasts.md) | +3.6% | +1.0% |
| WHEAT | 2022-08-16 | [Soybeans drop 2% on U.S. crop forecast, weather; corn, wheat down 16.08.2022 - UkrAgroConsult](https://feedsoft.ai/events/6532-soybeans-drop-2-on-u-s-crop-forecast-weather-corn-wheat-down-16-08-2022.md) | -10.5% | -11.0% |
| WHEAT | 2025-05-12 | [USDA Forecasts 15.8 BB Corn, 4.34 BB Soybeans for 2025-26](https://feedsoft.ai/events/24607-usda-forecasts-15-8-bb-corn-4-34-bb-soybeans-for-2025-26.md) | -0.1% | -2.0% |

## Sources

- theedgemalaysia.com: https://theedgemalaysia.com/article/soybeans-near-2-week-low-us-supply-forecast-weighs

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