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Soybean futures traded above $12.20 per bushel, near a two-week high. The November 10 WASDE raised US production to 4.574 billion bushels but cut ending stocks to 300 million bushels on stronger domestic crush and exports, and global ending stocks were revised down to 123.5 million metric tons.
China has bought 21.8 million metric tons of US soybeans so far in 2026, about 87% of its 25 million ton commitment.
Tighter US and global stocks plus possible El Niño rain delays to South American planting support prices, while competitive Brazilian supply limits the upside for feed buyers.
id.tradingeconomics.comJoshua FerrerNov 13, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
