# Soybeans market update: firm soy oil, softer meal and FOB prices

> CBOT soy oil futures edged up about 0.2-0.4% across the nearby to mid-2027 strip, with Dec 2026 at 65.31 US cents/lb. CBOT soymeal softened about 0.2%, with Dec 2026 at 319.10 USD/short ton. Physical soybean FOB offers from the US, Ukraine and India eased over the past week, while Chinese quotes firmed.

- Date: 2026-11-03 · published 2026-11-03T09:05:28.516Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/77302-soybeans-market-update-firm-soy-oil-softer-meal-and-fob-prices
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Firm oil alongside softer meal and cheaper physical beans points to adequate bean supply with strong crush margins for oil. El Niño rainfall risks in Brazil and Argentina provide some price floor for the complex.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲
- SOY: bearish ▼

## Sources

- commodity-board.com: https://commodity-board.com/complexo-da-soja-firme-com-a-forca-do-oleo-enquanto-os-graos-fisicos-de-soja-recuam
- commodity-board.com: https://commodity-board.com/sojakomplex-festigt-sich-dank-oelstaerke-waehrend-physische-sojabohnen-nachgeben
- commodity-board.com: https://commodity-board.com/soy-complex-firms-on-oil-strength-while-physical-soybeans-ease

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