Loading…
The USDA’s November supply-and-demand report slightly raised U.S. soybean yield and production, but both estimates were below market expectations, supporting soybean oil prices. China’s first-grade soybean oil reference price in Rizhao rose 1.19% from the previous trading day; the article says high soybean arrivals and weak demand still leave prices vulnerable to a decline.
The more supportive-than-expected U.S. report and firmer palm oil can lift soybean oil in the near term. Ample soybean arrivals and weak domestic demand in China may cap gains and leave prices exposed to renewed pressure.
oilcn.comNov 11, 2026After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
