
Soybeans rose 9 to 14 cents across most contracts on Friday after USDA reported a private export sale of 134,000 MT of soybeans to China and 120,000 MT to Vietnam, plus 100,000 MT to unknown destinations, all for 2026/27. Weekly export sales for the week of 11/5 totaled 1.155 MMT, a four-week low but well above the same week last year.
Firm export demand from China and Vietnam supports soybean prices and tightens nearby supplies, while soybean meal fell on the day, reflecting weaker meal demand relative to beans.
After 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.