# Soybeans close 14¢ lower. Friday, November 26, 2021 29.11.2021 - UkrAgroConsult

> CME soybeans closed about 14 cents lower on November 26, 2021, with January soybeans at $12.525 and January soymeal down $1.50 to $349.40 per short ton. Corn and wheat also settled lower or mixed, and crude oil fell $10.24 to $68.15 as risk-off trading followed the COVID variant news.

- Date: 2021-11-26 · published 2021-11-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/12234-soybeans-close-14-lower-friday-november-26-2021-29-11-2021-ukragroconsult
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Broad risk-off selling pressured grain and oilseed futures on thin holiday liquidity, while strong weekly export sales provided some underlying support.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼
- WTI: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| CORN | 2021-11-29 | 1 | -3.8% | -3.1 | Friday Nov 26 risk-off trade, with crude down over $10 and grains settling lower or mixed, shows the initial sell-off spilling into grain futures. |

## Sources

- ukragroconsult.com: https://ukragroconsult.com/en/news/soybeans-close-14%c2%a2-lower-friday-november-26-2021/

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