# Soybeans Finally Bounce, Corn Fails But are the Lows Close? Cattle Correct

> 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.

- Date: 2026-10-23 · published 2026-10-23T12:00:00.000Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/17152-soybeans-finally-bounce-corn-fails-but-are-the-lows-close-cattle-correct
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Strong Chinese buying supports US export demand and can offset harvest selling pressure, which is pushing prices higher from oversold levels.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-07-01 | [Soybeans Rally as China Finally Buys, Will They Buy Corn? Cattle Surge on Higher Cash, Cutouts](https://feedsoft.ai/events/18826-soybeans-rally-as-china-finally-buys-will-they-buy-corn-cattle-surge-on-higher.md) | +7.0% | +5.5% |
| SOY | 2026-04-10 | [Soybeans Surge with Meal, Corn Falls: Cattle Make New Highs - AgWeb](https://feedsoft.ai/events/11665-soybeans-surge-with-meal-corn-falls-cattle-make-new-highs-agweb.md) | -0.1% | +1.0% |
| SOY | 2025-02-04 | [Cattle Correct but Record Prices are Still Ahead: Grains Rally on Tariff Pause, China Hopes - AgWeb](https://feedsoft.ai/events/12745-cattle-correct-but-record-prices-are-still-ahead-grains-rally-on-tariff-pause.md) | -0.8% | -7.0% |
| SOY | 2026-10-28 | [Corn and Soybeans in the Green](https://feedsoft.ai/events/77-corn-and-soybeans-in-the-green.md) | -1.6% | — |
| SOY | 2019-02-01 | [Soybeans, corn up, but waiting for more details on China - Brownfield Ag News](https://feedsoft.ai/events/60636-soybeans-corn-up-but-waiting-for-more-details-on-china-brownfield-ag-news.md) | -0.2% | -1.7% |

## Sources

- agweb.com: https://www.agweb.com/markets/market-analysis/soybeans-finally-bounce-corn-fails-are-lows-close-cattle-correct

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