# #Vegoils* Palm ends lower, high US soybean supply drags

> Malaysian palm oil futures ended lower as weak soy markets pulled prices down. U.S. soybeans traded near a 19-month low after a government report showed larger-than-expected existing supplies and improving weather for new crops.

- Date: 2026-11-03 · published 2026-11-03T00:06:22.361Z
- Category: market · region Malaysia · magnitude low
- Page: https://feedsoft.ai/events/76377-vegoils-palm-ends-lower-high-us-soybean-supply-drags
- Commodities: [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Larger US soybean supplies available for crushing into soyoil can divert food and fuel demand from palm oil, and the narrowing palm-soy discount weakens palm's relative appeal, pressuring palm and soyoil prices.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼
- PALMOIL: bearish ▼

## Sources

- theedgemalaysia.com: https://theedgemalaysia.com/article/vegoils-palm-ends-lower-high-us-soybean-supply-drags

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