# Soybeans continue to follow lead of meal - Brownfield Ag News

> Brownfield reports soybeans rose on commercial and technical buying, following soybean meal, which was supported by tight Argentine supply talk. Unknown destinations bought 264,000 tons of U.S. new-crop soybeans, and Mexico bought U.S. corn, while Chinese demand remained slower than expected.

- Date: 2021-11-15 · published 2021-11-15T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/44078-soybeans-continue-to-follow-lead-of-meal-brownfield-ag-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Meal strength and new export sales support soybeans and corn, but weak Chinese buying and soybean oil stock pressure limit gains.

## Read by commodity

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

## Sources

- brownfieldagnews.com: https://brownfieldagnews.com/blog/market-news/soybeans-continue-to-follow-lead-of-meal/

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