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Chicago soybean futures closed higher on Friday, November 13, reaching their highest level in two weeks. The January contract settled at $12.31½ per bushel after USDA's November report put 2026/27 US ending stocks at 300 million bushels, below October's 315 million and the market's 336 million expectation.
New export sales to China and Vietnam added support.
Tighter US end-of-season soybean stocks reduce exportable supply and support soybean meal and oil values, which feeds into higher costs for feed buyers. Export demand from China and Vietnam also points to firm near-term global demand.
jornalpaubrasil.comRosana SantiagoNov 14, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
