# Soybeans market quiet without trade deal details, wheat prices flat

> Fastmarkets' weekly recap reports South American corn prices rising, with Brazil's FOB Santos up $4.25 per tonne and Argentina's December corn up $5.75. Brazil's corn estimate was raised to 138.8 million tonnes and Argentina's to a record 61 million. Soybean trade was quiet, with meal prices surging and traders awaiting US-China trade deal details, while South Korean and Algerian buyers made wheat purchases.

- Date: 2025-11-17 · published 2025-11-17T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/14164-soybeans-market-quiet-without-trade-deal-details-wheat-prices-flat
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Larger South American corn crops and firm meal prices shape feed grain and protein values, while US-China trade deal expectations support soybean and meal pricing.

## Read by commodity

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

## Sources

- fastmarkets.com: https://www.fastmarkets.com/insights/soybeans-market-quiet-without-trade-deal-details-wheat-prices-flat/

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