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Soybean and rapeseed meal futures rebounded after the USDA’s November report lowered projected U.S. soybean ending stocks and raised yield less than the market had expected. The article also reports firmer spot rapeseed meal quotes in several Chinese regions, while soybean meal trading and spot buying increased.
A tighter-than-expected U.S. soybean balance sheet can support soybean prices and meal costs, while increased spot buying adds near-term demand support in China. Rapeseed meal also rose, although seasonal weakness in aquaculture demand may limit follow-through.
jbzyw.comNov 11, 2026After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
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.
