CBOT soybeans hit 11-week low as US farmers wrap up harvesting
Bullish strength: 20/100
- US exporters sold 134,000 metric tons of soybeans to unknown buyers for 2026/27 delivery.
- China purchased 136,000 metric tons of US soybeans.
Bearish strength: 80/100
- Soybean futures hit an 11-week low.
- US harvesting reached 88%, ahead of the five-year average.
- The USDA previously estimated the largest US soybean crop ever.
- Brazil has a pricing advantage that threatens US export competitiveness.
This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.