# Soy Complex Updates - Soybeans Southeast AgNET

> Soybean futures opened at their lowest since mid-August and began sliding toward a 200-day moving average near $12. Fund traders still hold nearly 400,000 combined contracts in soybeans, soybean oil and soybean meal.

- Date: 2026-11-04 · published 2026-11-04T12:05:21.457Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/79564-soy-complex-updates-soybeans-southeast-agnet
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

With the soy complex tied closely to crude oil, the weak tape and large fund length point to continued downside pressure on soybean, soy oil and meal prices unless crude or demand improves.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼

## Sources

- southeastagnet.com: https://southeastagnet.com/2026/11/04/soy-complex-updates/

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