# Grain Spreads: Drifting into Month End - Walsh Trading

> Harvest pressure kept U.S. soybean futures under pressure, with 79% of the crop harvested by Sunday versus 64% a week earlier. Prices fell below 100- and 200-day moving averages after currency moves following Brazil's election results. Flash USDA sales of 297.15k tonnes were reported, and export demand remained strong.

- Date: 2026-10-30 · published 2026-10-31T10:05:24.980Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/2839-grain-spreads-drifting-into-month-end-walsh-trading
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Brazilian real weakness and heavy harvest selling pressure soybean prices, while sustained export sales provide some support. Fund position liquidation ahead of geopolitical and midterm events adds near-term downside risk.

## Read by commodity

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

## Sources

- walshtrading.com: https://walshtrading.com/grain-spreads-drifting-into-month-end/

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