# Soybean basis mixed in the US Midwest

> Soybean basis levels in the US Midwest traded mixed. Harvest completion and expectations of a large crop weighed on prices.

- Date: 2026-11-03 · published 2026-11-04T07:37:52.071Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/79419-soybean-basis-mixed-in-the-us-midwest
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Harvest pressure and large crop expectations keep local soybean cash bids under pressure, lowering the cost of soybean meal and feed ingredients for buyers.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Sources

- emtiadefteri.com: https://www.emtiadefteri.com/emtia-flash-2117750798461358144/

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