# Soybean market rebounds on tighter WASDE stocks and buying back of short positions amid support from world oils

> Soybean futures rose after the November WASDE report cut US and world ending stocks for 2026/27 by more than expected, triggering short covering across the complex. Soybean oil strength and wider vegetable oil markets amplified the move, while falling crude oil limited gains.

- Date: 2026-11-11 · published 2026-11-12T07:38:02.357Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/95202-soybean-market-rebounds-on-tighter-wasde-stocks-and-buying-back-of-short
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Higher US domestic crush and export use relative to expectations tightens the balance sheet, supporting soybean and soyoil prices. Weaker crude oil and macro uncertainty cap the upside.

## Read by commodity

- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2020-11-12 | [November WASDE Report Tightens Soybean Stocks](https://feedsoft.ai/events/12423-november-wasde-report-tightens-soybean-stocks.md) | +2.8% | +0.8% |
| SOY | 2023-02-01 | [Drought in Argentina creates tighter stocks in soybean and corn market: WASDE - RealAgriculture](https://feedsoft.ai/events/13986-drought-in-argentina-creates-tighter-stocks-in-soybean-and-corn-market-wasde.md) | -1.5% | -2.2% |
| SOY | 2025-04-10 | [WASDE ending stocks estimates positive for corn and soybeans \| An official publication of Michigan Farm Bureau](https://feedsoft.ai/events/25068-wasde-ending-stocks-estimates-positive-for-corn-and-soybeans-an-official.md) | +2.6% | +2.4% |
| SOY | 2024-11-11 | [WASDE update: Soybean yield revisions tighten up market \| articles \| ING THINK](https://feedsoft.ai/events/27340-wasde-update-soybean-yield-revisions-tighten-up-market-articles-ing-think.md) | -1.8% | -2.6% |
| SOY | 2023-07-03 | [Palm oil price to stay high amid tighter soybean market, say analysts](https://feedsoft.ai/events/6546-palm-oil-price-to-stay-high-amid-tighter-soybean-market-say-analysts.md) | -3.2% | -7.2% |
| SBO | 2023-07-03 | [Palm oil price to stay high amid tighter soybean market, say analysts](https://feedsoft.ai/events/6546-palm-oil-price-to-stay-high-amid-tighter-soybean-market-say-analysts.md) | +6.2% | +2.3% |
| SBO | 2023-07-28 | [NOPA shows tighter soybean oil stocks - McKeany-Flavell](https://feedsoft.ai/events/10706-nopa-shows-tighter-soybean-oil-stocks-mckeany-flavell.md) | -6.0% | -8.0% |
| SBO | 2023-03-09 | [Soybean oil market waiting on EPA \| Baking Business](https://feedsoft.ai/events/15323-soybean-oil-market-waiting-on-epa-baking-business.md) | -5.4% | -5.1% |

## Sources

- commodity-board.com: https://commodity-board.com/les-graines-de-soja-rebondissent-grace-au-resserrement-des-stocks-du-wasde-et-au-rachat-de-positions-vendeuses

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