# Mysteel soybean and relatives market daily: Harvest winding down as selling pressure releases; domestic soybean meal futures and ppot prices fall in tandem

> CBOT soybean futures closed lower and hit a two-and-a-half-month low as persistent fund selling continued. The US soybean harvest reached 88% completion, slightly above the five-year average, while September crush volumes fell 5.2% month on month to 198.8 million bushels, below expectations. Brazil's planting reached 53%, ahead of last year's pace.

- Date: 2026-11-04 · published 2026-11-04T09:05:25.724Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/79434-mysteel-soybean-and-relatives-market-daily-harvest-winding-down-as-selling
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Heavy harvest supply and weaker crush demand keep pressure on soybean and meal prices, with export demand from China already priced in. Brazil's faster planting and lack of major weather threats add to the bearish tone.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Sources

- mysteel.net: https://www.mysteel.net/analysis/5147383-mysteel-soybean-and-relatives-market-daily-harvest-winding-down-as-selling-pressure-releases-domestic-soybean-meal-futures-and-ppot-prices-fall-in-tandem

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