# It is difficult for soybeans to fall in record output. 10/29 Update MySheen

> China's main soybean oil futures contract fell 126 yuan per ton, or 2.16%, to 5708 yuan per ton on Monday, with the intraday low at the lowest level since October 20. Commentary attributes the pressure to record soybean output expectations.

- Date: 2026-10-29 · published 2026-10-29T06:05:41.654Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/147-it-is-difficult-for-soybeans-to-fall-in-record-output-10-29-update-mysheen
- Commodities: [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower Chinese soybean oil futures signal weaker domestic oilseed prices, which can pull soybean and palm oil prices down with them.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼

## Sources

- mysheen.com: https://www.mysheen.com/a6699

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