# Soybean futures retreat from highs on profit-taking By Investing.com

> CBOT soybean futures fell from contract highs on August 31 as traders took profits and wheat and corn weakened. Oil rose more than 2% after US-Iran military action resumed, and exporters sold 159,000 MT of soybeans to unknown destinations. New-crop November soybeans settled unchanged at $12.88 per bushel.

- Date: 2026-08-31 · published 2026-08-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/17943-soybean-futures-retreat-from-highs-on-profit-taking-by-investing-com
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Profit-taking offsets crude-driven support, but solid export sales and biofuel-linked crude moves keep the soybean complex supported.

## Read by commodity

- SOY: neutral
- WTI: bullish ▲

## Sources

- investing.com: https://www.investing.com/news/commodities-news/soybean-futures-retreat-from-highs-on-profittaking-93CH-4883186

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