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Global oilseed prices fell during the week through November 6, with Chicago soybeans down 3.3% and soybean meal, soybean oil, European rapeseed, and Canadian canola also lower. The main pressure was the expectation of a record-large US soybean crop, including a StoneX estimate of 4.725 billion bushels, while strong export sales and Chinese buying provided partial support.
Brazil’s soybean planting was progressing ahead of last year, and traders awaited the USDA supply-and-demand report.
Expected abundant US soybean supplies and solid South American planting could keep feed and oilseed prices under pressure, despite export demand offering a partial buffer. If USDA raises production estimates, additional supply could reinforce bearish price pressure.
oilcn.comNov 9, 2026After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.
After 146 past bearish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +1.9%), and +0.4% over 20.
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.
