# Soybeans drop to 2-month low on US harvest pressure, weaker oil - Markets - Business Recorder

> Soybeans fell about 1% to a two-month low in Singapore as supplies from a record US harvest reached the market. Lower crude oil prices also weighed on the complex, while wheat losses were limited by continued disruption in the Black Sea.

- Date: 2026-10-26 · published 2026-10-29T06:13:00.428Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/438-soybeans-drop-to-2-month-low-on-us-harvest-pressure-weaker-oil-markets-business
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Heavy US harvest supply and weaker crude reduce soybean and soyoil values, which lowers the cost of soybean meal inputs for feed buyers.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼
- WTI: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/40445968

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