# USDA releases report Tuesday, and the soybean market is already doing the math

> Chicago soybeans fell 3.8% for the week, with the January contract at its lowest level in more than two months on Friday. A nearly finished US harvest and expectations for a larger crop kept prices under pressure despite signs of Chinese demand; analysts expect the November 10 USDA report to raise US production and carryout estimates from October.

- Date: 2026-11-08 · published 2026-11-09T03:05:30.793Z
- Category: report · region United States · magnitude medium
- Page: https://feedsoft.ai/events/88475-usda-releases-report-tuesday-and-the-soybean-market-is-already-doing-the-math
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Higher projected production and ending stocks would add to expected soybean availability and could weigh on prices. A stronger dollar has meanwhile helped limit declines in Brazilian domestic prices.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2022-11-09 | [November USDA Report Increases Corn and Soybean Production](https://feedsoft.ai/events/38642-november-usda-report-increases-corn-and-soybean-production.md) | +0.9% | +1.9% |
| SOY | 2017-04-12 | [USDA Crop Reports Bearish for U.S. Corn, Wheat and Soybean Markets - Northern Ag Network](https://feedsoft.ai/events/71446-usda-crop-reports-bearish-for-u-s-corn-wheat-and-soybean-markets-northern-ag.md) | +1.2% | +2.4% |
| SOY | 2022-07-12 | [USDA Reports Cause Grain, Soybean Markets to Continue to Plunge](https://feedsoft.ai/events/4307-usda-reports-cause-grain-soybean-markets-to-continue-to-plunge.md) | -8.8% | -1.3% |
| SOY | 2023-09-15 | [USDA report triggers corn and soybean price drop, wheat remai ...](https://feedsoft.ai/events/34044-usda-report-triggers-corn-and-soybean-price-drop-wheat-remai.md) | -3.7% | -4.0% |
| SOY | 2024-01-12 | [Corn and Soybean Prices Tank After USDA Report Makes Surprising Revisions to Yield - AgWeb](https://feedsoft.ai/events/32065-corn-and-soybean-prices-tank-after-usda-report-makes-surprising-revisions-to.md) | -1.5% | -3.9% |

## Sources

- jornaldoagroonline.com.br: https://www.jornaldoagroonline.com.br/noticias/5849/usda-solta-relatorio-na-terca-e-o-mercado-de-soja-ja-faz-as-contas

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