# CBOT soyabean futures at six weeks lows - Business Recorder

> CBOT November soybeans closed down 5.5 cents at $8.33-1/2 a bushel, near six-week lows, as harvest advanced. Soymeal fell $3.10 to $305.10 per ton, and the dollar index hit a 16-month high. US soybean export sales to China have nearly halted.

- Date: 2018-10-31 · published 2018-10-31T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/62591-cbot-soyabean-futures-at-six-weeks-lows-business-recorder
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Harvest pressure, a stronger dollar and stalled Chinese buying weigh on soybean and meal prices. Favorable harvest weather keeps supply flowing to the market.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Sources

- brecorder.com: https://www.brecorder.com/news/amp/4645803

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