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CBOT January soybeans fell 3.2% last week and December soybean meal fell 1.82%, as the US harvest neared completion and bumper-crop expectations weighed on prices. US net soybean sales for the week of October 29 totaled 1.46 million tonnes, including 870,000 tonnes of new-crop sales to China, while traders awaited the November 10 USDA report.
Expected ample US supply is weighing on soybean and meal prices, while export sales to China provide some demand support. USDA revisions to yields, exports and ending stocks could shift the balance of those pressures.
mysteel.netNov 9, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
