Improved US, South American Crop Outlook Weighs on Soybean Prices

After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.

• Sep 14, 2026USDA Lifts Soybean Output Outlook, Weighing on Friday Prices+1.8%
• Dec 12, 2019South American Soybean Production Impact+3.9%
• Dec 20, 2022South American corn and soybean outlook: Playing the odds+1.5%
• Aug 27, 2026Record Soybean Crop Forecast Meets Firm Demand Outlook | CZ app+3.8%
• Dec 31, 20242025 Soybean Outlook: Well-supplied market pressures prices – AgriNews+1.0%

After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.

• Dec 20, 2022South American corn and soybean outlook: Playing the odds+0.5%
• Apr 13, 2026Crush Demand Drives Soy Complex Higher as USDA Raises Price Outlook - American Soybean Association+0.7%
• Apr 21, 2020Soybean Crush Outlook - ProAg-0.1%
• Dec 31, 20242025 Soybean Outlook: Well-supplied market pressures prices – AgriNews-1.5%
• Mar 19, 2025Record Soybean Harvest in South America and Favorable Outlook for Exports-1.2%