# Soybeans hit two-week high as soymeal jumps; corn, wheat sag | Stock Market News

> Chicago soybeans hit a two-week high on April 10, 2026, while soymeal jumped more than 4% after USDA confirmed a 100,000 metric ton US soymeal sale to Italy. Corn and wheat drifted lower as USDA raised global stock forecasts in its monthly report.

- Date: 2026-04-10 · published 2026-04-10T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/11661-soybeans-hit-two-week-high-as-soymeal-jumps-corn-wheat-sag-stock-market-news
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

An unusual Italian meal purchase and firm cash markets support meal and bean prices, while larger global grain stocks cap corn and wheat.

## Read by commodity

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

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| SBM | 2026-04-09 | 1 | +3.5% | 3.2 | Soymeal jumped over 4% after USDA confirmed a 100,000 MT sale to Italy, a direct demand/export catalyst for the large one-day move. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SBM | 2026-04-12 | [Soybeans hit two-week high as soymeal jumps - Markets - Business Recorder](https://feedsoft.ai/events/11663-soybeans-hit-two-week-high-as-soymeal-jumps-markets-business-recorder.md) | +0.7% | -1.2% |
| SBM | 2021-11-12 | [Soybean meal leads beans, corn higher - Brownfield Ag News](https://feedsoft.ai/events/7050-soybean-meal-leads-beans-corn-higher-brownfield-ag-news.md) | +7.0% | +7.2% |
| SBM | 2026-08-28 | [Wheat, soybeans, corn see more gains to end bullish week - Brownfield Ag News](https://feedsoft.ai/events/17939-wheat-soybeans-corn-see-more-gains-to-end-bullish-week-brownfield-ag-news.md) | +4.5% | +12.9% |
| SBM | 2021-12-03 | [Soybean meal pulls soybeans, corn higher – KORN News Radio](https://feedsoft.ai/events/11709-soybean-meal-pulls-soybeans-corn-higher-korn-news-radio.md) | +2.4% | +13.0% |
| SBM | 2026-04-10 | [Soybeans Surge with Meal, Corn Falls: Cattle Make New Highs - AgWeb](https://feedsoft.ai/events/11665-soybeans-surge-with-meal-corn-falls-cattle-make-new-highs-agweb.md) | +4.4% | +2.0% |
| SOY | 2026-04-12 | [Soybeans hit two-week high as soymeal jumps - Markets - Business Recorder](https://feedsoft.ai/events/11663-soybeans-hit-two-week-high-as-soymeal-jumps-markets-business-recorder.md) | -0.7% | +1.6% |
| SOY | 2021-11-12 | [Soybean meal leads beans, corn higher - Brownfield Ag News](https://feedsoft.ai/events/7050-soybean-meal-leads-beans-corn-higher-brownfield-ag-news.md) | +4.4% | +4.6% |
| SOY | 2026-08-28 | [Wheat, soybeans, corn see more gains to end bullish week - Brownfield Ag News](https://feedsoft.ai/events/17939-wheat-soybeans-corn-see-more-gains-to-end-bullish-week-brownfield-ag-news.md) | +4.0% | +5.0% |

## Sources

- livemint.com: https://www.livemint.com/market/soybeans-hit-two-week-high-as-soymeal-jumps-corn-wheat-sag-11775846179887.html

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