# CBOT soybeans end near unchanged ahead of US crop report - Markets - Business Recorder

> CBOT soybeans finished near unchanged on August 11 ahead of the USDA monthly crop report due the next day. Soymeal slipped $0.10 to $284.30 per short ton and soyoil fell to $30.62 per pound. USDA reportedly booked private export sales of 132,000 tonnes of US soybeans to China.

- Date: 2020-08-11 · published 2020-08-11T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/10683-cbot-soybeans-end-near-unchanged-ahead-of-us-crop-report-markets-business
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Analysts expect USDA to raise 2020/21 ending stocks to 524 million bushels, a bearish signal that offsets ongoing Chinese export demand.

## Read by commodity

- SBM: neutral
- SBO: neutral
- SOY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-08-12 | [Corn, soybeans rise after USDA confirms massive US crops - Markets - Business Recorder](https://feedsoft.ai/events/51546-corn-soybeans-rise-after-usda-confirms-massive-us-crops-markets-business.md) | +3.9% | +11.6% |
| SOY | 2021-04-08 | [USDA to expand forecasts on soyoil use in biofuels in May crop report - Markets - Business Recorder](https://feedsoft.ai/events/47668-usda-to-expand-forecasts-on-soyoil-use-in-biofuels-in-may-crop-report-markets.md) | +0.1% | +12.3% |
| SOY | 2021-01-15 | [Near record US soybean crush falls short of estimate: NOPA - Fastmarkets](https://feedsoft.ai/events/49226-near-record-us-soybean-crush-falls-short-of-estimate-nopa-fastmarkets.md) | -8.7% | -4.5% |
| SOY | 2020-07-10 | [U.S. Corn, Soybean Yield Estimates Unchanged, USDA Reports](https://feedsoft.ai/events/11494-u-s-corn-soybean-yield-estimates-unchanged-usda-reports.md) | -0.5% | -1.9% |
| SOY | 2020-06-11 | [Wheat slides on record global stocks estimate - Markets - Business Recorder](https://feedsoft.ai/events/52557-wheat-slides-on-record-global-stocks-estimate-markets-business-recorder.md) | +0.7% | +3.8% |
| SBM | 2020-08-12 | [Corn, soybeans rise after USDA confirms massive US crops - Markets - Business Recorder](https://feedsoft.ai/events/51546-corn-soybeans-rise-after-usda-confirms-massive-us-crops-markets-business.md) | +5.0% | +10.2% |
| SBM | 2023-03-09 | [Soybean oil market waiting on EPA \| Baking Business](https://feedsoft.ai/events/15323-soybean-oil-market-waiting-on-epa-baking-business.md) | -3.6% | -9.1% |
| SBM | 2026-06-16 | [Soybeans and Oil Crops - Market Outlook \| Economic Research Service](https://feedsoft.ai/events/18823-soybeans-and-oil-crops-market-outlook-economic-research-service.md) | -0.1% | +4.0% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40011355

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