# Soybeans Went From $13.30 to $12.32 While Washington and Beijing Made Peace

> Soybean futures fell from above $13.30 a bushel in mid-September to about $12.32 on November 13 despite a US-China tariff-cut framework and a new trade council. Officials are still due to meet at the APEC summit, while state-led US soybean purchases in China lag and Brazil's record harvest weighs on prices.

- Date: 2026-11-14 · published 2026-11-14T09:13:07.316Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/99288-soybeans-went-from-13-30-to-12-32-while-washington-and-beijing-made-peace
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Enforceable purchase commitments are lacking and Brazil's large supply dominates, so soybean and meal prices are likely to stay under pressure unless China's buying picks up.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2023-05-24 | [Plentiful Chinese wheat to pile pain on corn and soy from US and Brazil](https://feedsoft.ai/events/14840-plentiful-chinese-wheat-to-pile-pain-on-corn-and-soy-from-us-and-brazil.md) | -1.7% | +13.5% |
| SOY | 2019-03-14 | [Why U.S. growers are betting the farm on soybeans amid China trade war](https://feedsoft.ai/events/8266-why-u-s-growers-are-betting-the-farm-on-soybeans-amid-china-trade-war.md) | +1.9% | +1.5% |
| SOY | 2019-06-25 | [China’s US soybean and pork imports down 55.3 per cent due to trade war, African swine fever \| South China Morning Post](https://feedsoft.ai/events/58593-china-s-us-soybean-and-pork-imports-down-55-3-per-cent-due-to-trade-war-african.md) | -2.6% | -2.6% |
| SOY | 2019-08-27 | [Sorghum, Soybean, and Cotton Paying Trade Tariff Bills -](https://feedsoft.ai/events/57654-sorghum-soybean-and-cotton-paying-trade-tariff-bills.md) | +0.3% | +4.7% |
| SOY | 2023-05-10 | [Soybeans face pressure on US planting weather, tepid China demand](https://feedsoft.ai/events/14841-soybeans-face-pressure-on-us-planting-weather-tepid-china-demand.md) | -6.0% | -6.3% |
| SBM | 2019-03-14 | [Why U.S. growers are betting the farm on soybeans amid China trade war](https://feedsoft.ai/events/8266-why-u-s-growers-are-betting-the-farm-on-soybeans-amid-china-trade-war.md) | +3.8% | +3.3% |
| SBM | 2019-08-27 | [Sorghum, Soybean, and Cotton Paying Trade Tariff Bills -](https://feedsoft.ai/events/57654-sorghum-soybean-and-cotton-paying-trade-tariff-bills.md) | -1.7% | +0.8% |
| SBM | 2023-05-10 | [Soybeans face pressure on US planting weather, tepid China demand](https://feedsoft.ai/events/14841-soybeans-face-pressure-on-us-planting-weather-tepid-china-demand.md) | +2.3% | -4.3% |

## Sources

- ainvest.com: https://www.ainvest.com/news/soybeans-13-30-12-32-washington-beijing-peace-2611/

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