# Soybeans near three-month low on expectations of ample supply

> Soybean futures fell to about $11.90 per bushel, near a three-month low. US harvest was 88% complete as of November 1, and Brazil's planting for 2026/27 was 53% done, six points ahead of last year. The USDA also reported a 136,000-tonne sale of US soybeans to China for 2026/27.

- Date: 2026-11-04 · published 2026-11-04T03:05:29.137Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/78956-soybeans-near-three-month-low-on-expectations-of-ample-supply
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Expectations of a record US crop and a larger Brazilian competitor point to ample global supply, pressuring soybean prices. Chinese soybean oil stocks near 1.5 million tonnes add to demand concerns, though new Chinese purchases offer some support.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼

## Sources

- ru.tradingeconomics.com: https://ru.tradingeconomics.com/commodity/soybeans/news/597888
- tradingview.com: https://www.tradingview.com/news/te_news:597888:0-soybeans-near-3-month-low-on-ample-supply-outlook/

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