# Bearish signals weigh on soybean market

> University of Missouri researcher Ben Brown said the September 2026 soybean crush of 196.3 million bushels was nearly 8 million bushels below the average trade estimate and below September 2025. He cited limited Chinese buying and Black Sea export disruptions as weighing on sentiment.

- Date: 2026-11-03 · published 2026-11-03T18:06:39.232Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/78072-bearish-signals-weigh-on-soybean-market
- 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

A weak crush report signals softer soybean meal and oil demand from processors, which pressures soybean prices. Limited Chinese purchases add to the bearish tone for US soybean exports.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-10-12 | [WASDE Report Prints Bearish Soybean Data, Sends Market Reeling](https://feedsoft.ai/events/44486-wasde-report-prints-bearish-soybean-data-sends-market-reeling.md) | -0.5% | -4.1% |
| SOY | 2017-09-12 | [USDA/WASDE Data Seen as Market Bearish](https://feedsoft.ai/events/68900-usda-wasde-data-seen-as-market-bearish.md) | +1.4% | +1.3% |
| SOY | 2021-10-11 | [Turner's Take Ag Marketing \| October WASDE Bearish for Soybeans and Corn](https://feedsoft.ai/events/44488-turner-s-take-ag-marketing-october-wasde-bearish-for-soybeans-and-corn.md) | -2.0% | -4.1% |
| SOY | 2022-07-12 | [Turner's Take Ag Markets \| WASDE Bearish](https://feedsoft.ai/events/5975-turner-s-take-ag-markets-wasde-bearish.md) | -8.8% | -1.3% |
| SOY | 2024-08-14 | [Will CBOT Soybean Oil's Bearish Trend Persist?](https://feedsoft.ai/events/28880-will-cbot-soybean-oil-s-bearish-trend-persist.md) | -3.2% | -0.9% |
| SBM | 2021-10-12 | [WASDE Report Prints Bearish Soybean Data, Sends Market Reeling](https://feedsoft.ai/events/44486-wasde-report-prints-bearish-soybean-data-sends-market-reeling.md) | +0.3% | +3.1% |
| SBM | 2017-09-12 | [USDA/WASDE Data Seen as Market Bearish](https://feedsoft.ai/events/68900-usda-wasde-data-seen-as-market-bearish.md) | +3.4% | +4.2% |
| SBM | 2019-02-27 | [U.S. soybean stocks to hang over market for ‘a while’](https://feedsoft.ai/events/60619-u-s-soybean-stocks-to-hang-over-market-for-a-while.md) | +0.8% | +2.6% |

## Sources

- norfolkneradio.com: https://www.norfolkneradio.com/news/bearish-signals-weigh-on-soybean-market/article_ea56225b-4b4f-4261-8f43-b4183309173a.html

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