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Soybean prices on CBOT rose sharply over November 10 and 11 after the USDA raised its US soybean yield estimate in the WASDE report. The report changed little at the world level.
Brent crude rose 0.66% to $92.63 a barrel, and the euro traded near 1.109 dollars.
The higher US soybean yield tightens the view of US supply less than expected, but it still lifts soybean and oilseed prices. Higher prices raise the cost of soybean meal and oil used in feed formulations.
reussir.frThierry MichelNov 12, 2026After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
