# Soybean prices record their sharpest monthly drop in 10 months amid expectations of a record crop

> Soybean prices fell 4.5% in October to $12.34 per bushel, their sharpest monthly decline since December 2025, after reaching a high of $13.35 in September. Expectations for a record US crop and faster harvesting weighed on prices, although the article also notes that Middle East conflict and Strait of Hormuz supply disruption had raised global fertilizer-supply concerns.

- Date: 2026-11-11 · published 2026-11-11T13:38:58.546Z
- Category: weather · region United States · magnitude medium
- Page: https://feedsoft.ai/events/93643-soybean-prices-record-their-sharpest-monthly-drop-in-10-months-amid
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A larger expected US crop and accelerating harvest increase available supply and weigh on soybean prices. Fertilizer disruption could add longer-term production-cost and supply risks, but the immediate reported driver was the record-crop outlook.

## Read by commodity

- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-12-04 | [Record soy crop grows, keeping a lid on prices - Taipei Times](https://feedsoft.ai/events/43635-record-soy-crop-grows-keeping-a-lid-on-prices-taipei-times.md) | +0.0% | +6.1% |
| SOY | 2024-01-05 | [New-Crop Soybean Meal Prices Anticipating Larger Argentine Harvest in 2024](https://feedsoft.ai/events/32215-new-crop-soybean-meal-prices-anticipating-larger-argentine-harvest-in-2024.md) | -2.4% | -5.8% |
| SOY | 2023-04-01 | [Record in Brazil, Drop in Argentina: Contrasting Soybean Harvests in South America - farmdoc daily](https://feedsoft.ai/events/13656-record-in-brazil-drop-in-argentina-contrasting-soybean-harvests-in-south.md) | -1.2% | -3.4% |
| SOY | 2026-06-27 | [Growing conditions pressure crop prices in Ontario, U.S. Midwest](https://feedsoft.ai/events/11705-growing-conditions-pressure-crop-prices-in-ontario-u-s-midwest.md) | +5.0% | +7.3% |
| SOY | 2018-12-19 | [Abundant rains in Argentina's soy belt help expectations of a good harvest — MercoPress](https://feedsoft.ai/events/61427-abundant-rains-in-argentina-s-soy-belt-help-expectations-of-a-good-harvest.md) | -4.2% | +0.0% |

## Sources

- yenicagri.com: https://www.yenicagri.com/soya-fasulyesi-fiyatlari-rekor-rekolte-beklentisiyle-10-ayin-en-hizli-dususunu-kaydetti

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