# Soybean market outlook: record US harvest, soft oils and export demand — CMB News

> CBOT November soybeans traded at 1,222.50 cents/bu, up 0.23% on the day, with the forward curve gently upward toward mid-2027. December soybean oil rose 0.73% to 66.12 cents/lb, while December soybean meal eased 0.06% to $329.10 per short ton.

- Date: 2026-10-30 · published 2026-10-30T10:05:10.973Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/1987-soybean-market-outlook-record-us-harvest-soft-oils-and-export-demand-cmb-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Abundant US supply alongside firm forward demand keeps soybean complex prices range-bound, with soybean oil firmer than meal.

## Read by commodity

- SBM: neutral
- SBO: bullish ▲
- SOY: neutral

## Sources

- commodity-board.com: https://commodity-board.com/us-record-soybean-harvest-pressures-prices-as-exports-step-in

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