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The latest USDA report raised US soybean production and yields but by less than the market expected, while ending stocks fell to 300 million bushels on strong export demand. CBOT soybeans posted their largest one-day gain in four months, then lost momentum and consolidated.
Brazil's soybean planting is the fastest on record, and Chinese purchasing is slow.
Lower US ending stocks support soybean prices, but record Brazilian planting and slow Chinese buying keep the global supply outlook loose and limit further gains in soybean meal.
mysteel.netNov 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.
