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Soybean futures closed lower on Tuesday as traders took profits ahead of the US election, with soymeal down $1.60 to $5.00 per short ton. USDA reported a private export sale of 134,000 MT of soybeans to unknown destinations, and 88% of the US crop was harvested.
Routine daily price moves with modest export sales and a near-complete harvest keep soybean and soymeal prices under mild pressure for feed buyers, with StoneX raising its Brazil crop estimate to 184.95 MMT adding to ample supply.
barchart.comAustin SchroederNov 3, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
