# International soybean price: what the USDA reported

> Chicago soybeans rose $14.61 per tonne to $451.21 after the USDA's November WASDE raised the US crop estimate to 124.48 million tonnes but cut end-season stocks to 8.17 million tonnes, below trade expectations. Soybean oil and meal also gained, supported by expected higher exports to China.

- Date: 2026-11-11 · published 2026-11-13T01:36:33.731Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/96915-international-soybean-price-what-the-usda-reported
- 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

Lower-than-expected US ending stocks tighten the soybean supply outlook, supporting soybean meal and oil prices that feed buyers pay for protein and fat ingredients.

## Read by commodity

- SBM: bullish ▲
- SBO: bullish ▲
- SOY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2017-01-01 | [USDA Reports Provide Support to Soybean Prices](https://feedsoft.ai/events/72939-usda-reports-provide-support-to-soybean-prices.md) | 0.0% | +2.8% |
| SOY | 2018-03-30 | [The soybean market is shocked by the USDA report](https://feedsoft.ai/events/66080-the-soybean-market-is-shocked-by-the-usda-report.md) | -1.1% | +0.0% |
| SOY | 2025-08-13 | [USDA crop report: Corn yields soar, soybean prices rise](https://feedsoft.ai/events/23278-usda-crop-report-corn-yields-soar-soybean-prices-rise.md) | +0.1% | -0.6% |
| SOY | 2020-01-20 | [Soybean: Prices on the rise in the new season \| CLAL News](https://feedsoft.ai/events/55116-soybean-prices-on-the-rise-in-the-new-season-clal-news.md) | -3.5% | -4.0% |
| SOY | 2024-09-30 | [USDA Report Snapshot: Corn, soybean stocks lighter than expected - Pro Farmer](https://feedsoft.ai/events/28254-usda-report-snapshot-corn-soybean-stocks-lighter-than-expected-pro-farmer.md) | -2.6% | -7.3% |
| SBM | 2017-01-01 | [USDA Reports Provide Support to Soybean Prices](https://feedsoft.ai/events/72939-usda-reports-provide-support-to-soybean-prices.md) | -1.0% | +6.9% |
| SBM | 2018-03-30 | [The soybean market is shocked by the USDA report](https://feedsoft.ai/events/66080-the-soybean-market-is-shocked-by-the-usda-report.md) | +0.6% | +2.4% |
| SBM | 2020-01-20 | [Soybean: Prices on the rise in the new season \| CLAL News](https://feedsoft.ai/events/55116-soybean-prices-on-the-rise-in-the-new-season-clal-news.md) | -0.9% | -2.8% |

## Sources

- posicionamiento-web.ar: https://www.posicionamiento-web.ar/2026/11/11/precio-internacional-de-la-soja-el-informe-del-usda-impulso-chicago/

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