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The USDA's November WASDE report, released November 10, 2026, cut its 2026/27 soybean production and export forecasts for Ukraine. Global soybean production was lowered by 200,000 tonnes to 442.5 million tonnes, while global soybean trade was raised by 550,000 tonnes to 192.55 million tonnes.
U.S. production was raised to 124.48 million tonnes on improved yields.
Lower Ukrainian and South African output and exports tighten some supply, but higher U.S. and Argentine exports and a larger U.S. crop offset much of the effect, so the net price impact on soybeans and soybean meal is likely modest.
open4business.com.uaNov 13, 2026After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% 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.
