Soybean futures finished mixed on Friday, while soybean meal gained slightly and soybean oil ranged from lower to higher. USDA reported a private sale of 136,000 metric tons of soybeans to China for the 2026/27 marketing year; Brazilian October soybean exports also fell from September and a year earlier.
U.S. soybean export commitments are running ahead of the five-year average pace, while traders anticipate next week’s crop and supply estimates.
The China sale and strong export-commitment pace support U.S. soybean demand, while expectations for larger U.S. production and weaker Brazilian exports provide competing signals. The mixed drivers leave the near-term price implication uncertain.
After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.
After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.
After 81 past neutral trade events, Soybean Oil moved a median +0.3% over 5 sessions (56% higher; middle half -1.6% to +1.8%), and +0.9% over 20.
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.