# Nanhua Futures: U.S. Soybeans Under Pressure Ahead of Report; Soybean and Rapeseed Meals Stabilize at Low Levels

> U.S. soybean futures slipped again ahead of the USDA’s November supply-and-demand report, with traders expecting higher U.S. yields and production. Chinese soybean meal futures fell toward the bottom of their recent range, while rapeseed meal fluctuated at low levels; soybean meal stocks declined to 1.1869 million tonnes. U.S. soybean export inspections remained above last year’s level, with China the leading buyer that week.

- Date: 2026-11-10 · published 2026-11-10T12:21:00.033Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/91691-nanhua-futures-u-s-soybeans-under-pressure-ahead-of-report-soybean-and-rapeseed
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Expected larger U.S. production could increase available soybean supply and weigh on soybean prices, with potential knock-on pressure on meal. Falling Chinese soybean meal stocks and low rapeseed meal inventories may limit downside in domestic meal markets.

## Read by commodity

- SBM: neutral
- SOY: bearish ▼

## Sources

- goodsfu.10jqka.com.cn: https://goodsfu.10jqka.com.cn/20261110/c681639688.shtml

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