# US Soybean Harvest Progress and Palm Oil Pressure Soy Prices

The US soybean harvest was ahead of its five-year average as of November 1, while Malaysian palm oil futures fell 2.6%. Larger US crop expectations and weaker palm oil are weighing on soybean and soybean oil prices.

Published 2026-11-06 by the Feedsoft Markets Desk. Covers: SOY, SBO, PALMOIL.

Video (31s): https://feedsoft.ai/media/social/48/instagram-9c01224dec.mp4

## Transcript

- **Palm oil futures fell 2.6%** In Malaysia, futures—contracts for later delivery—fell.
- **US soy harvest: 88% complete** By November 1, harvest was ahead of the five-year average of 84%.
- **StoneX raised its yield estimate** The firm now estimates 3.7 tonnes of US soybeans per hectare.
- **More expected supply weighs on prices** Larger US crop expectations and weaker palm oil are weighing on soybean and soybean oil prices.

Full analysis: https://feedsoft.ai/events/83607-rising-supply-pressure-weighs-on-soybean-related-prices

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