# Oilseeds: Soybeans Stay on Track; Canola and Rapeseed

> US soybeans extended their rally on August 28, with November up 20 cents to 1,288 cents per bushel. The USDA reported a 182,000-tonne private sale of 2026/27 soybeans to China, plus 100,000-tonne soymeal sales to Germany and 100,000 tonnes to the Netherlands. Total 2026/27 US soybean sales reached 14.334 million tonnes.

- Date: 2026-08-31 · published 2026-08-31T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/18023-oilseeds-soybeans-stay-on-track-canola-and-rapeseed
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

Chinese purchases and strong export sales are tightening US soybean supply, which supports soybean, meal and oil prices and raises feed ingredient costs.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-08-27 | [Oilseeds: Soybeans Are Gaining Momentum; Exports Are](https://feedsoft.ai/events/17964-oilseeds-soybeans-are-gaining-momentum-exports-are.md) | +3.6% | +5.7% |
| 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 | 2025-05-12 | [Soybeans Rally on Tuesday Following Weekend Trade Talks and Friendly USDA Data](https://feedsoft.ai/events/9505-soybeans-rally-on-tuesday-following-weekend-trade-talks-and-friendly-usda-data.md) | +0.6% | +1.1% |
| SOY | 2020-07-16 | [Soybean Rises on Stronger Chinese Demand](https://feedsoft.ai/events/52164-soybean-rises-on-stronger-chinese-demand.md) | +1.5% | +0.5% |
| SOY | 2017-04-20 | [Grains And Oilseeds News In Brief](https://feedsoft.ai/events/71368-grains-and-oilseeds-news-in-brief.md) | -0.5% | +2.7% |
| SBM | 2026-08-27 | [Oilseeds: Soybeans Are Gaining Momentum; Exports Are](https://feedsoft.ai/events/17964-oilseeds-soybeans-are-gaining-momentum-exports-are.md) | +3.0% | +10.1% |
| SBM | 2023-02-16 | [Ukraine continues to export sunseed and soybeans at high rates](https://feedsoft.ai/events/37434-ukraine-continues-to-export-sunseed-and-soybeans-at-high-rates.md) | +0.0% | -2.9% |
| SBM | 2025-05-12 | [Soybeans Rally on Tuesday Following Weekend Trade Talks and Friendly USDA Data](https://feedsoft.ai/events/9505-soybeans-rally-on-tuesday-following-weekend-trade-talks-and-friendly-usda-data.md) | +1.3% | +2.3% |

## Sources

- zmp.de: https://www.zmp.de/en/futures/oilseeds/news/newsticker-oilseeds-soybeans-stay-track-canola-and-rapeseed-also-gain-ground

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