# CBOT soyabean futures fall - Markets - Business Recorder

> CBOT most-active soybean futures fell 31 cents, or 2.2%, to $13.85-3/4 a bushel, their biggest drop since October 12, 2020. Rains across Brazil and Argentina improved the supply outlook, and CBOT soymeal and soyoil also declined. USDA announced export sales of 132,000 tonnes of soybeans to China for 2021/22 shipment.

- Date: 2021-01-20 · published 2021-01-20T12:00:00.000Z
- Category: weather · region South America · magnitude medium
- Page: https://feedsoft.ai/events/9540-cbot-soyabean-futures-fall-markets-business-recorder
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Improved South American rainfall reduces yield risk for the main export competitor, pressuring soybean and soymeal prices. The China purchase provides some offsetting demand support for the new crop.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-01-12 | [CBOT soyabean futures fall on better rains - Markets - Business Recorder](https://feedsoft.ai/events/9542-cbot-soyabean-futures-fall-on-better-rains-markets-business-recorder.md) | +0.8% | +2.0% |
| SOY | 2021-08-10 | [US corn and soybean futures decline - Markets - Business Recorder](https://feedsoft.ai/events/12610-us-corn-and-soybean-futures-decline-markets-business-recorder.md) | -4.0% | -11.5% |
| SOY | 2022-01-19 | [Chicago soybean futures fell for a third straight session - Markets - Business Recorder](https://feedsoft.ai/events/10895-chicago-soybean-futures-fell-for-a-third-straight-session-markets-business.md) | +3.4% | +14.0% |
| SOY | 2026-06-07 | [Corn, soybeans futures decline on US weather, dollar strength - Markets - Business Recorder](https://feedsoft.ai/events/10646-corn-soybeans-futures-decline-on-us-weather-dollar-strength-markets-business.md) | -0.7% | +6.7% |
| SOY | 2023-11-25 | [Soybeans fall as rain benefits top supplier Brazil - Markets - Business Recorder](https://feedsoft.ai/events/33226-soybeans-fall-as-rain-benefits-top-supplier-brazil-markets-business-recorder.md) | -0.4% | -2.3% |
| SBM | 2022-01-19 | [Chicago soybean futures fell for a third straight session - Markets - Business Recorder](https://feedsoft.ai/events/10895-chicago-soybean-futures-fell-for-a-third-straight-session-markets-business.md) | +0.2% | +10.8% |
| SBM | 2023-11-25 | [Soybeans fall as rain benefits top supplier Brazil - Markets - Business Recorder](https://feedsoft.ai/events/33226-soybeans-fall-as-rain-benefits-top-supplier-brazil-markets-business-recorder.md) | -5.8% | -11.3% |
| SBM | 2023-12-02 | [Soybeans slide on predicted rains in Brazil - Markets - Business Recorder](https://feedsoft.ai/events/32740-soybeans-slide-on-predicted-rains-in-brazil-markets-business-recorder.md) | -1.3% | -7.5% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40054185

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