# Soybeans trade below $12 as cattle futures decline

> January soybean futures fell below $12 per bushel during Wednesday trading before closing above that level, while December corn rose slightly and wheat declined. Cattle futures also fell, and soybean oil weakness tracked lower crude oil ahead of the November WASDE report.

- Date: 2026-11-04 · published 2026-11-05T19:37:30.796Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/82337-soybeans-trade-below-12-as-cattle-futures-decline
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Soybean oil weakness and lower crude pressure soy complex prices, and pre-WASDE estimates from StoneX shape positioning for the report. Cattle futures declines reflect routine market moves.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼
- WTI: bearish ▼
- CORN: neutral
- WHEAT: bearish ▼
- LCATTLE: bearish ▼

## Sources

- fxnewstoday.ae: https://www.fxnewstoday.ae/commodities/soybeans-news/%D9%81%D9%88%D9%84-%D8%A7%D9%84%D8%B5%D9%88%D9%8A%D8%A7-%D9%8A%D8%AA%D8%AF%D8%A7%D9%88%D9%84-%D8%AF%D9%88%D9%86-12-%D8%AF%D9%88%D9%84%D8%A7%D8%B1%D9%8B%D8%A7-%D9%85%D8%B9-%D8%AA%D8%B1%D8%A7%D8%AC%D8%B9-%D8%B9%D9%82%D9%88%D8%AF-%D8%A7%D9%84%D9%85%D8%A7%D8%B4%D9%8A%D8%A9-282439

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