# Why Are Soybean Prices Falling Despite China's Buying?

> Soybean futures dropped sharply on Monday, with January contracts settling at $12.16 3/4 per bushel, down 17.5 cents. The decline came despite strong export inspections and new Chinese purchases. December corn gained half a cent to $4.48 1/4 and December Chicago wheat rose 3 cents to $6.06 1/2.

- Date: 2026-11-02 · published 2026-11-03T00:05:43.915Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/76365-why-are-soybean-prices-falling-despite-china-s-buying
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Harvest selling is outweighing strong export demand, so soybean prices stay under pressure despite China's buying, which matters for feed cost planning.

## Read by commodity

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

## Sources

- agrolatam.com: https://www.agrolatam.com/usa/news/soybean-prices-fall-china-exports-grain-markets-2026/

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