# Soybeans try to recover Chicago losses this Tuesday after USDA confirms US harvest progress

> Chicago soybean futures opened higher on Tuesday, November 3, trying to recover part of the sharp losses from the first session of November. The USDA reported US soybean harvest and crushing data, showing a smaller US crush pace. Traders are also watching Chinese demand and Brazil's 2026/27 crop development.

- Date: 2026-11-03 · published 2026-11-03T12:05:24.137Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/77483-soybeans-try-to-recover-chicago-losses-this-tuesday-after-usda-confirms-us
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A smaller US crush and strong export demand support soybean prices, but heavy American and South American supply keeps the market under pressure.

## Read by commodity

- SBM: neutral
- SOY: neutral

## Sources

- br.tradingview.com: https://br.tradingview.com/news/noticiasagricolas:5c6624e7cbc81:0/
- noticiasagricolas.com.br: https://www.noticiasagricolas.com.br/noticias/soja/430708-soja-tenta-recuperar-perdas-em-chicago-nesta-terca-feira-apos-usda-confirmar-avanco-da-colheita-americana.html

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