# Soybean Prices Hold Near 3-Month Low

> Soybean futures traded around $11.80 per bushel, near their lowest level since mid-August, as traders positioned ahead of the USDA's November WASDE report. A large U.S. crop and harvest progress of 92% by November 8 weighed on supply concerns, while expectations of larger Chinese purchases offered some support after trade discussions, including a reported commitment to buy 25 million tonnes of U.S. soybeans annually for three years.

- Date: 2026-11-10 · published 2026-11-10T06:05:24.271Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/90996-soybean-prices-hold-near-3-month-low
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The large U.S. harvest adds near-term supply pressure, while potential Chinese purchases could bolster U.S. export demand and limit declines. The market is also sensitive to updated USDA production and ending-stock estimates.

## Read by commodity

- SOY: bearish ▼

## Sources

- id.tradingeconomics.com: https://id.tradingeconomics.com/commodity/soybeans/news/599812

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