# Soybeans Starting November with Steady Trade

> Soybean futures were slightly lower early on Monday, November 2, after November contracts fell 70.75 cents in October. Export commitments reached 28.78 million MT, 80% above last year, and soymeal futures were lower.

- Date: 2026-11-02 · published 2026-11-02T21:05:54.763Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/75770-soybeans-starting-november-with-steady-trade
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Strong export commitments support demand, but a sharp monthly price decline and soymeal weakness point to soft feed-ingredient prices.

## Read by commodity

- SBM: bearish ▼
- SOY: neutral

## Sources

- barchart.com: https://www.barchart.com/story/news/8591673/soybeans-starting-november-with-steady-trade

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