# Feed Weekly: overseas markets rebalance supply while domestic markets absorb selling pressure; additives hold pricing power through maintenance and halted contracts

> The USDA November report unexpectedly tightened the US balance sheet, with soybean ending stocks at 300 million bushels and corn yield cut to 179.6 bushels per acre. CBOT soybeans rose above 12 dollars and corn gained about 2%, while Chinese soymeal stabilised but domestic corn futures broke lower on record warehouse receipts. Methionine prices rose as a major producer's plant entered a roughly five-week maintenance shutdown, and hog prices fell in spot markets.

- Date: 2026-11-12 · published 2026-11-12T12:06:28.010Z
- Category: report · region China · magnitude medium
- Page: https://feedsoft.ai/events/95355-feed-weekly-overseas-markets-rebalance-supply-while-domestic-markets-absorb
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Methionine](https://feedsoft.ai/c/METH.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

The US supply cut supports global soybean and corn prices, but China's large corn and soymeal stocks keep domestic prices under pressure. The methionine shutdown tightens additive supply, while weak hog margins signal lower feed demand ahead.

## Read by commodity

- SBM: neutral
- SOY: bullish ▲
- CORN: bearish ▼
- HOGS: bearish ▼
- METH: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-01-15 | [Corn set for biggest weekly gain since July as global supplies tighten - Markets - Business Recorder](https://feedsoft.ai/events/49183-corn-set-for-biggest-weekly-gain-since-july-as-global-supplies-tighten-markets.md) | -8.7% | -4.5% |
| SOY | 2021-04-01 | [UK feed wheat price rises after surprise in global market - Farmers Weekly](https://feedsoft.ai/events/47552-uk-feed-wheat-price-rises-after-surprise-in-global-market-farmers-weekly.md) | -1.5% | +7.4% |
| SOY | 2025-01-29 | [Soybean Market Developments: Balancing Supply and Demand in 2025 \| Investing.com](https://feedsoft.ai/events/26514-soybean-market-developments-balancing-supply-and-demand-in-2025-investing-com.md) | +2.9% | -2.0% |
| SOY | 2022-02-03 | [Vegetable oil prices hit all-time high over supply concerns: FAO \| Food Dive](https://feedsoft.ai/events/8088-vegetable-oil-prices-hit-all-time-high-over-supply-concerns-fao-food-dive.md) | +3.2% | +8.7% |
| SOY | 2020-11-09 | [November WASDE has bullish surprises for soybeans, corn - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/50092-november-wasde-has-bullish-surprises-for-soybeans-corn-agweek-1-source-for.md) | +3.9% | +5.5% |
| CORN | 2024-02-25 | [Wheat, feed grains and oilseeds prices under pressure as global supply builds \| Queensland Country Life \| QLD](https://feedsoft.ai/events/8028-wheat-feed-grains-and-oilseeds-prices-under-pressure-as-global-supply-builds.md) | +0.5% | +7.8% |
| CORN | 2025-10-16 | [Big Corn Acres, Big Crush Volumes, and Big Concerns - The September 2025 USDA World Agricultural Supply and Demand Estimates (WASDE) report delivered several market-moving updates, with implications for both domestic and global grain markets](https://feedsoft.ai/events/22335-big-corn-acres-big-crush-volumes-and-big-concerns-the-september-2025-usda-world.md) | -0.0% | +2.8% |
| CORN | 2025-10-01 | [Grain markets pressured by harvest and rising stocks \| Saxo](https://feedsoft.ai/events/22425-grain-markets-pressured-by-harvest-and-rising-stocks-saxo.md) | +1.4% | +2.3% |

## Sources

- chinafeed.com.cn: http://www.chinafeed.com.cn/shujuziliao/show-121225.html

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