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The Córdoba Grain Exchange projects world soybean production at a record 442.7 million tonnes in 2026/27, about 13.5 million above the prior season, with consumption also at a record 442.2 million tonnes. The report cites a US soybean crop of 124.2 million tonnes and an upward US corn revision, while wheat remains affected by the Russia-Ukraine conflict.
Brazil, Argentina and Chinese purchases are also discussed as key factors.
A record global soybean supply with consumption only slightly below output keeps the market well supplied and caps prices, which favors buyers of soymeal and feed. Trade flows depend on Chinese demand, so the outlook for South American exporters is also important.
ahorapais.com2 de noviembre de 2026Nov 2, 2026After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
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.
