# Rising supply pressure weighs on soybean-related prices

> Soybean and soybean-oil prices weakened as expectations for abundant US soybean supplies and softer Asian vegetable-oil markets outweighed a rebound in crude oil. US soybean harvest was 88% complete by November 1, above the five-year average of 84%, while StoneX raised its US yield estimate to 3.7 tonnes per hectare; Malaysian palm-oil futures fell 2.6%.

- Date: 2026-11-06 · published 2026-11-06T07:36:41.501Z
- Category: weather · region United States · magnitude medium
- Page: https://feedsoft.ai/events/83607-rising-supply-pressure-weighs-on-soybean-related-prices
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Palm Oil](https://feedsoft.ai/c/PALMOIL.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

A larger US crop expectation increases available soybean supplies and pressures soybean and soybean-oil prices, while weaker palm oil adds competition for vegetable-oil demand. China’s high palm-oil inventories add to the bearish pressure on oils.

## Read by commodity

- SBO: bearish ▼
- SOY: bearish ▼
- PALMOIL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-07-31 | [Falling soybean oil prices weigh on other vegetable oil markets](https://feedsoft.ai/events/29357-falling-soybean-oil-prices-weigh-on-other-vegetable-oil-markets.md) | +0.1% | -5.8% |
| SOY | 2023-05-15 | [Summer Soybean Meal Prices Resist New Lows](https://feedsoft.ai/events/36011-summer-soybean-meal-prices-resist-new-lows.md) | -8.9% | -4.3% |
| SOY | 2026-06-09 | [Mysteel soybean and relatives market daily: DCE M2609 under pressure testing key support, soybean meal spot price hovers near lows \| Mysteel](https://feedsoft.ai/events/5193-mysteel-soybean-and-relatives-market-daily-dce-m2609-under-pressure-testing-key.md) | +0.3% | +7.1% |
| SOY | 2026-10-14 | [SunSirs: Accelerated U.S. Soybean Harvest Puts Downward Pressure on Soybean Meal Market](https://feedsoft.ai/events/498-sunsirs-accelerated-u-s-soybean-harvest-puts-downward-pressure-on-soybean-meal.md) | -2.3% | — |
| SOY | 2017-10-02 | [Wheat hits 1-wk low on higher US output, soybean prices ease](https://feedsoft.ai/events/7537-wheat-hits-1-wk-low-on-higher-us-output-soybean-prices-ease.md) | +0.4% | +0.7% |
| PALMOIL | 2024-07-31 | [Falling soybean oil prices weigh on other vegetable oil markets](https://feedsoft.ai/events/29357-falling-soybean-oil-prices-weigh-on-other-vegetable-oil-markets.md) | -1.9% | +1.5% |
| PALMOIL | 2017-01-17 | [Canola acres seen rising on high prices - AgCanada](https://feedsoft.ai/events/73084-canola-acres-seen-rising-on-high-prices-agcanada.md) | 0.0% | -1.7% |
| PALMOIL | 2018-01-09 | [Cpo prices expected to decline on mounting supply \| Borneo Post Online](https://feedsoft.ai/events/67073-cpo-prices-expected-to-decline-on-mounting-supply-borneo-post-online.md) | -2.2% | -3.5% |

## Sources

- stockbiz.vn: https://stockbiz.vn/tin-tuc/ap-luc-nguon-cung-tang-gia-cac-mat-hang-nhom-dau-tuong-giam/42678181
- thoibaotaichinhvietnam.vn: https://thoibaotaichinhvietnam.vn/ap-luc-nguon-cung-tang-gia-cac-mat-hang-nhom-dau-tuong-giam-206529.html

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