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Soybean futures traded 3 to 9 cents lower on Wednesday morning after closing the Tuesday session down 1 3/4 to 9 1/4 cents, as traders took profits on election day. USDA reported a private export sale of 134,000 MT of soybeans for 2026/27, and US soybean harvest reached 88% as of Sunday.
Soybean meal futures also fell, and the harvest running ahead of average adds near-term supply pressure. Higher StoneX crop estimates for the US and Brazil point to ample supply, which weighs on soybean and meal prices.
barchart.comAustin SchroederNov 4, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
