# Mysteel soybean and related markets daily: US soybean bumper-crop expectations intensify, domestic soybean meal remains weak

> 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.

- Date: 2026-11-09 · published 2026-11-09T03:05:30.679Z
- Category: market · region United States · magnitude low
- Page: https://feedsoft.ai/events/88473-mysteel-soybean-and-related-markets-daily-us-soybean-bumper-crop-expectations
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Sources

- mysteel.net: https://www.mysteel.net/analysis/5147957-mysteel-soybean-and-relatives-market-daily-us-soybean-bumper-crop-expectations-intensify-domestic-soybean-meal-remains-in-a-weak-pattern

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