# Unexpectedly Tight Report Sends Soybean and Rapeseed Meals Rebounding from Lows

> 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.

- Date: 2026-11-11 · published 2026-11-11T13:37:08.267Z
- Category: report · region United States · magnitude medium
- Page: https://feedsoft.ai/events/93633-unexpectedly-tight-report-sends-soybean-and-rapeseed-meals-rebounding-from-lows
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md)

## Why it matters

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.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- CANMEAL: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-11-01 | [U.S. Soybean Meal Exports Expected to Reach Record High](https://feedsoft.ai/events/33689-u-s-soybean-meal-exports-expected-to-reach-record-high.md) | +4.8% | +4.7% |
| SOY | 2025-02-27 | [USDA Forecasts Tighter-Than-Expected Soybean Ending Stocks](https://feedsoft.ai/events/26098-usda-forecasts-tighter-than-expected-soybean-ending-stocks.md) | -2.6% | -2.3% |
| SOY | 2022-09-12 | [Soybeans and Meal Explode on Bullish Numbers From Sept. 12 USDA Reports](https://feedsoft.ai/events/39550-soybeans-and-meal-explode-on-bullish-numbers-from-sept-12-usda-reports.md) | -2.7% | -8.2% |
| SOY | 2021-11-10 | [PF Report Reaction: USDA unexpectedly trims its soybean crop estimate - Pro Farmer](https://feedsoft.ai/events/13412-pf-report-reaction-usda-unexpectedly-trims-its-soybean-crop-estimate-pro-farmer.md) | +4.3% | +5.1% |
| SOY | 2024-09-30 | [USDA Report Snapshot: Corn, soybean stocks lighter than expected - Pro Farmer](https://feedsoft.ai/events/28254-usda-report-snapshot-corn-soybean-stocks-lighter-than-expected-pro-farmer.md) | -2.6% | -7.3% |
| SBM | 2026-09-17 | [EU soybean meal deficit may support demand for rapeseed and sunflower meal](https://feedsoft.ai/events/17587-eu-soybean-meal-deficit-may-support-demand-for-rapeseed-and-sunflower-meal.md) | +0.9% | +0.5% |
| SBM | 2023-11-01 | [U.S. Soybean Meal Exports Expected to Reach Record High](https://feedsoft.ai/events/33689-u-s-soybean-meal-exports-expected-to-reach-record-high.md) | +3.7% | +3.9% |
| SBM | 2025-02-27 | [USDA Forecasts Tighter-Than-Expected Soybean Ending Stocks](https://feedsoft.ai/events/26098-usda-forecasts-tighter-than-expected-soybean-ending-stocks.md) | -0.1% | +0.6% |

## Sources

- jbzyw.com: https://www.jbzyw.com/view/523920

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