# Soybeans Face Tuesday Losses, Fading More Export Business

> 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.

- Date: 2026-11-03 · published 2026-11-04T00:08:09.114Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/78535-soybeans-face-tuesday-losses-fading-more-export-business
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Sources

- barchart.com: https://www.barchart.com/story/news/8632608/soybeans-face-tuesday-losses-fading-more-export-business

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