Soybeans

AI take

Soybean futures are digesting another round of confirmed Chinese purchases of US cargoes, including a USDA announcement of additional sales for the 2026/2027 marketing year, even as harvest pressure kept the complex heavy. USDA said soybean harvest had advanced but still trailed market expectations, with drier weather this week expected to speed fieldwork. Combined, this week's purchases bring China a step closer to the White House's 2026/27 purchase goal even as whole soybeans remain off the farm-goods tariff-cut list. Watch USDA export-sales prints, harvest pace, and whether those reported cargoes keep showing up in official sales.

Scheduled take · 2026-10-21T03:10:04Z

• Agriculture.com -- 3 Big Things Today, Oct. 20, 2026