# Soybeans Facing Weakness on Wednesday Morning Following Elections

> 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.

- Date: 2026-11-04 · published 2026-11-04T15:05:19.057Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/79852-soybeans-facing-weakness-on-wednesday-morning-following-elections
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Sources

- barchart.com: https://www.barchart.com/story/news/8645580/soybeans-facing-weakness-on-wednesday-morning-following-elections

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