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The USDA reported sales of 136,000 metric tons of soybeans for delivery to China in the 2026/27 marketing year. The latest WASDE raised the export forecast to 1.72 billion bushels and cut ending stocks to 300 million bushels.
China buying U.S. beans supports export demand and tightens the U.S. balance sheet, which is supportive for soybean and meal prices. The size of this sale is modest relative to the overall export program.
squawknews.comSquawkNews DeskNov 12, 2026After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% 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.
