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November soybeans rose 7.75 cents to $12.53 on October 22 after eight straight losing sessions. China bought 80 million bushels in the weekly export sales report, a marketing-year high, and was reported to have bought heavily during the price decline.
Strong Chinese buying supports US export demand and can offset harvest selling pressure, which is pushing prices higher from oversold levels.
agweb.comOct 23, 2026After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
