# A Review of the Spot Soybean Market in the United States on November 12: Soybean Spot Basis Prices Rise

> U.S. Midwest soybean spot basis prices rose as farmers slowed deliveries, while Louisiana Gulf basis quotes gained 5 cents. USDA reported that private exporters sold 116,000 tonnes of soybeans to China; faster harvest progress and lower rail movements also featured in the market, while inland basis prices remained under pressure.

- Date: 2026-11-10 · published 2026-11-10T18:08:07.539Z
- Category: trade · region United States · magnitude low
- Page: https://feedsoft.ai/events/92035-a-review-of-the-spot-soybean-market-in-the-united-states-on-november-12-soybean
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The reported sale supports export demand for U.S. soybeans, but faster harvest and transportation costs may constrain or shift nearby deliveries and keep local basis movements uneven. The article reports mixed price signals rather than a broad change in supply or demand.

## Read by commodity

- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-01-27 | [The sharp rise in prices of soybean oil will support prices for sunflower oil and sunflower](https://feedsoft.ai/events/49249-the-sharp-rise-in-prices-of-soybean-oil-will-support-prices-for-sunflower-oil.md) | -1.1% | +3.9% |
| SOY | 2026-09-12 | [Argentina soybean sales speed up as prices rise on China demand, US crop concerns - Markets - Business Recorder](https://feedsoft.ai/events/13779-argentina-soybean-sales-speed-up-as-prices-rise-on-china-demand-us-crop.md) | +1.8% | +0.9% |
| SOY | 2020-11-06 | [Soya bean prices rise to four-year high  - 06 November 2020 Premium](https://feedsoft.ai/events/12426-soya-bean-prices-rise-to-four-year-high-06-november-2020-premium.md) | +3.2% | +5.6% |
| SOY | 2019-02-07 | [Can the US soyabean market stage a recovery this year?](https://feedsoft.ai/events/60620-can-the-us-soyabean-market-stage-a-recovery-this-year.md) | -0.6% | -3.4% |
| SOY | 2024-05-20 | [US Soybean Prices Higher in Spite of Tariff Concerns](https://feedsoft.ai/events/30297-us-soybean-prices-higher-in-spite-of-tariff-concerns.md) | +1.6% | -5.7% |

## Sources

- mysheen.com: https://www.mysheen.com/a876204

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