# Soybeans Reach Two-Week Peak as U.S. Supply Forecasts Tighten

> 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.

- Date: 2026-11-13 · published 2026-11-13T21:13:46.605Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/98500-soybeans-reach-two-week-peak-as-u-s-supply-forecasts-tighten
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

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.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-05-21 | [USDA forecasts tighter soybean supplies](https://feedsoft.ai/events/19295-usda-forecasts-tighter-soybean-supplies.md) | -0.4% | -6.4% |
| SOY | 2025-02-27 | [USDA Forecasts Tighter-Than-Expected Soybean Ending Stocks](https://feedsoft.ai/events/26098-usda-forecasts-tighter-than-expected-soybean-ending-stocks.md) | -2.6% | -2.3% |
| SOY | 2023-10-12 | [USDA Further Trims Its Forecasts for US Corn and Soybeans](https://feedsoft.ai/events/13238-usda-further-trims-its-forecasts-for-us-corn-and-soybeans.md) | +4.7% | +7.7% |
| SOY | 2020-08-18 | [Soybeans Rally Despite Record Yield Forecast - ProAg](https://feedsoft.ai/events/11343-soybeans-rally-despite-record-yield-forecast-proag.md) | -1.4% | +8.7% |
| SOY | 2023-12-08 | [USDA trims forecast for soybean, wheat supplies \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/32633-usda-trims-forecast-for-soybean-wheat-supplies-agri-pulse-communications-inc.md) | +0.2% | -5.5% |
| CORN | 2023-10-12 | [USDA Further Trims Its Forecasts for US Corn and Soybeans](https://feedsoft.ai/events/13238-usda-further-trims-its-forecasts-for-us-corn-and-soybeans.md) | -0.4% | -1.5% |
| CORN | 2023-12-08 | [USDA trims forecast for soybean, wheat supplies \| Agri-Pulse Communications, Inc.](https://feedsoft.ai/events/32633-usda-trims-forecast-for-soybean-wheat-supplies-agri-pulse-communications-inc.md) | -2.7% | -0.3% |
| CORN | 2021-01-15 | [Corn set for biggest weekly gain since July as global supplies tighten - Markets - Business Recorder](https://feedsoft.ai/events/49183-corn-set-for-biggest-weekly-gain-since-july-as-global-supplies-tighten-markets.md) | -0.1% | +3.6% |

## Sources

- tradevae.com: https://www.tradevae.com/news/commodities/soybeans-reach-two-week-peak-as-us-supply-forecasts-tighten/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.