# Soybeans ease after rally; wheat hits three-month high — TradingView News

> Chicago soybeans eased from a 16-month high as traders awaited confirmed Chinese purchases of US cargoes, while wheat hit its highest in over three months and corn slipped. Brazil's soybean planting reached 47% as of the prior Thursday, behind last year's pace due to irregular rainfall.

- Date: 2025-11-04 · published 2025-11-04T12:00:00.000Z
- Category: trade · region Global · magnitude medium
- Page: https://feedsoft.ai/events/6944-soybeans-ease-after-rally-wheat-hits-three-month-high-tradingview-news
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Pending Chinese purchases remain the key driver for soybean prices, while slow Brazilian planting raises some South American supply risk but is not yet a major factor.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2019-09-30 | [Where next for soybeans? - High Plains Journal](https://feedsoft.ai/events/57110-where-next-for-soybeans-high-plains-journal.md) | +3.8% | +4.2% |
| SOY | 2022-02-25 | [What comes next for ag trade, markets after a record year? - High Plains Journal](https://feedsoft.ai/events/14957-what-comes-next-for-ag-trade-markets-after-a-record-year-high-plains-journal.md) | +1.1% | +2.4% |
| SOY | 2025-11-08 | [Here’s what the U.S.-China trade truce really means for the U.S. soybean market — and for farmers - MarketWatch](https://feedsoft.ai/events/12248-here-s-what-the-u-s-china-trade-truce-really-means-for-the-u-s-soybean-market.md) | +1.0% | -0.7% |
| SOY | 2025-11-03 | [Chinese buyers purchase Brazilian soybeans as prices ease over US-China trade thaw \| Reuters](https://feedsoft.ai/events/12245-chinese-buyers-purchase-brazilian-soybeans-as-prices-ease-over-us-china-trade.md) | +0.2% | +2.6% |
| SOY | 2021-12-02 | [China buys Brazilian and North American soybeans after falling prices - DatamarNews](https://feedsoft.ai/events/43636-china-buys-brazilian-and-north-american-soybeans-after-falling-prices.md) | +2.7% | +8.1% |
| WHEAT | 2021-01-26 | [Rally continues for soybeans, corn, wheat - Brownfield Ag News](https://feedsoft.ai/events/4062-rally-continues-for-soybeans-corn-wheat-brownfield-ag-news.md) | -9.4% | -0.2% |
| WHEAT | 2019-12-31 | [Soybean, wheat futures end year modestly higher - Brownfield Ag News](https://feedsoft.ai/events/55615-soybean-wheat-futures-end-year-modestly-higher-brownfield-ag-news.md) | +0.6% | -2.3% |
| WHEAT | 2025-10-29 | [U.S. grains: Soybeans set 15-month high on U.S.-China trade deal hopes - Grainews](https://feedsoft.ai/events/22451-u-s-grains-soybeans-set-15-month-high-on-u-s-china-trade-deal-hopes-grainews.md) | -2.8% | -6.1% |

## Sources

- tradingview.com: https://www.tradingview.com/news/reuters.com,2025:newsml_L1N3WG03M:0-soybeans-ease-after-rally-wheat-hits-three-month-high/

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