Loading…
Soybean futures and cash bids fell on Thursday, with November 2026 beans down about 6 cents in the morning after a larger decline Wednesday. USDA export sales showed no new-crop sales to China despite Beijing's stated commitment to buy 25 MMT of US soybeans this year.
NOAA forecasts 1-2 inches of rain for the Central and Western Corn Belt.
Absence of new-crop Chinese purchases weakens the demand case for US beans, and favorable rain in the western Corn Belt reduces yield risk, both pointing to softer soybean prices.
mitcelec.comTuan Roob DDSNov 2, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
