# Soybeans rise in Chicago this Monday (9), with China and USDA in focus; record supply limits gains

> Chicago soybean futures opened higher on Monday, recovering part of their recent losses as traders reacted to new U.S. sales to China and positioned ahead of Tuesday’s USDA supply-and-demand report. Expectations for a record U.S. crop and abundant global supplies continued to cap gains; soybean oil was also higher, while soybean meal traded lower.

- Date: 2026-11-09 · published 2026-11-09T12:05:40.408Z
- Category: trade · region United States · magnitude low
- Page: https://feedsoft.ai/events/89277-soybeans-rise-in-chicago-this-monday-9-with-china-and-usda-in-focus-record
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Chinese purchases support soybean demand and prices, but expectations of ample U.S. and global supply constrain the upside for soybeans and related products.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-06-30 | [Soybeans Spike on Chinese Demand, Record Huge Monthly Gain](https://feedsoft.ai/events/52676-soybeans-spike-on-chinese-demand-record-huge-monthly-gain.md) | +3.3% | +3.5% |
| SOY | 2023-02-22 | [China likely to buy more US Gulf soybeans in Q1 amid South American supply woes \| S&P Global](https://feedsoft.ai/events/14863-china-likely-to-buy-more-us-gulf-soybeans-in-q1-amid-south-american-supply-woes.md) | -3.8% | -5.3% |
| SOY | 2022-04-25 | [China trade: imports of US soybeans rise as Ukraine war, South America drought limit sources \| South China Morning Post](https://feedsoft.ai/events/14940-china-trade-imports-of-us-soybeans-rise-as-ukraine-war-south-america-drought.md) | -0.5% | -0.6% |
| SOY | 2026-10-28 | [Strong Chinese demand supports soybean recovery in Chicago - SAFRAS & Market](https://feedsoft.ai/events/140-strong-chinese-demand-supports-soybean-recovery-in-chicago-safras-and-market.md) | -1.6% | — |
| SOY | 2021-09-10 | [Focus on USDA’s Supply and Demand Reports Today - Pro Farmer](https://feedsoft.ai/events/45049-focus-on-usda-s-supply-and-demand-reports-today-pro-farmer.md) | +3.0% | -0.9% |
| SBM | 2025-09-27 | [Can Corn Hit $5 With Lower Yields and Record Demand? Can Soybeans Hold $10 Without China? - AgWeb](https://feedsoft.ai/events/22893-can-corn-hit-5-with-lower-yields-and-record-demand-can-soybeans-hold-10-without.md) | +0.2% | +7.9% |
| SBM | 2024-09-10 | [China Aug soybean imports at record 12.14mn tons](https://feedsoft.ai/events/14717-china-aug-soybean-imports-at-record-12-14mn-tons.md) | +0.7% | +1.9% |
| SBM | 2025-08-01 | [China’s soybean meal stockpiles rise, US soybean imports in doubt](https://feedsoft.ai/events/23301-china-s-soybean-meal-stockpiles-rise-us-soybean-imports-in-doubt.md) | +3.3% | +8.6% |

## Sources

- br.tradingview.com: https://br.tradingview.com/news/noticiasagricolas:f8281991bbc81:0/
- noticiasagricolas.com.br: https://www.noticiasagricolas.com.br/noticias/soja/431002-soja-sobe-em-chicago-nesta-2-9-com-china-e-usda-no-radar-oferta-recorde-limita-ganhos.html

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