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CBOT soybean futures rose to their highest level since October 30 after the USDA trimmed its 2026-27 soybean ending stocks forecast. The most-active contract settled up 13-1/2 cents at $12.32-1/2 per bushel and touched $12.40-3/4.
Corn rose 3-1/2 cents to $4.46 and wheat gained 9 cents to $5.93-1/4 after the report and reported export sales to China, Vietnam, Mexico and unknown destinations.
Lower projected U.S. soybean ending stocks and new export sales raise the price of soybeans and related feed inputs, which increases feed costs for buyers. Corn and wheat gains indicate the move extends across row crops.
tradevae.comCaleb MonroeNov 13, 2026After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% 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.
