# Chicago soybeans hit 11-week low

> Chicago soybean futures fell to an 11-week low as the US harvest neared completion, with the USDA reporting 88% harvested. Corn was unchanged at $4.42-1/2 a bushel, and Chinese buying of US farm goods other than soybeans is on track for a seven-year low.

- Date: 2026-11-05 · published 2026-11-05T03:05:26.997Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/80964-chicago-soybeans-hit-11-week-low
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A near-complete US harvest and a stronger Brazilian export position, helped by a weaker real and high US freight rates, add pressure on US soybean prices. Slower Chinese buying also weighs on the market.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/40447435/chicago-soybeans-hit-11-week-low

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