# Market Snapshot | Meal leads soybeans higher - Pro Farmer

> Soybeans finished slightly higher on October 3, led by short-covering in soymeal, which rose about $2.00. Soyoil fell about 20 points, and corn traded mostly unchanged in a directionless session. Malaysian palm oil stocks were also expected to fall in September.

- Date: 2025-10-03 · published 2025-10-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/22541-market-snapshot-meal-leads-soybeans-higher-pro-farmer
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Firm meal prices support soybean meal values for feed buyers, while weaker soyoil reflects softer vegetable oil demand.

## Read by commodity

- SBM: bullish ▲
- SBO: bearish ▼
- SOY: bullish ▲

## Sources

- profarmer.com: https://www.profarmer.com/pro-farmer-max/market-snapshot/market-snapshot-meal-leads-soybeans-higher

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