# Soybeans Rally as USDA Trims US Stocks

> USDA raised its U.S. soybean yield estimate to 53.3 bushels per acre and production to 4.574 billion bushels, but cut projected ending stocks by 15 million bushels to 300 million. The agency increased its export forecast by 25 million bushels; soybean futures and cash prices rose, while USDA also reported a 150,000-tonne private sale to Mexico for 2026/27.

- Date: 2026-11-10 · published 2026-11-11T00:06:04.481Z
- Category: report · region United States · magnitude medium
- Page: https://feedsoft.ai/events/92365-soybeans-rally-as-usda-trims-us-stocks
- 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

The larger export outlook tightened projected U.S. carryout despite higher production, lending support to soybean prices. Stronger soybean values also lifted meal and oil futures.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-03-08 | [USDA Trims Soybean Ending Stocks, Bumps Up Corn](https://feedsoft.ai/events/36817-usda-trims-soybean-ending-stocks-bumps-up-corn.md) | -1.7% | -0.5% |
| SOY | 2025-01-10 | [Soybeans Post Rally on USDA Data Day](https://feedsoft.ai/events/8105-soybeans-post-rally-on-usda-data-day.md) | +2.7% | +5.8% |
| SOY | 2018-04-10 | [Soybeans rally on USDA report, exports](https://feedsoft.ai/events/65483-soybeans-rally-on-usda-report-exports.md) | -0.5% | -4.3% |
| SOY | 2020-10-09 | [USDA Lowers Soybean Ending Stocks, Trims Production](https://feedsoft.ai/events/50595-usda-lowers-soybean-ending-stocks-trims-production.md) | +1.2% | +4.9% |
| SOY | 2020-10-09 | [Soybeans rally on tight new crop ending stocks](https://feedsoft.ai/events/50665-soybeans-rally-on-tight-new-crop-ending-stocks.md) | +1.2% | +4.9% |
| SBM | 2023-03-08 | [USDA Trims Soybean Ending Stocks, Bumps Up Corn](https://feedsoft.ai/events/36817-usda-trims-soybean-ending-stocks-bumps-up-corn.md) | -1.9% | -8.4% |
| SBM | 2020-10-09 | [Soybeans rally on tight new crop ending stocks](https://feedsoft.ai/events/50665-soybeans-rally-on-tight-new-crop-ending-stocks.md) | +3.6% | +8.0% |
| SBM | 2017-09-29 | [U.S. Corn, Soybean Stocks Drop, USDA Says](https://feedsoft.ai/events/68896-u-s-corn-soybean-stocks-drop-usda-says.md) | +2.0% | +1.7% |

## Sources

- barchart.com: https://www.barchart.com/story/news/8770212/soybeans-rally-as-usda-trims-us-stocks

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