USDA: November 2026/2027 U.S. Soybean Output: 4.574 Billion Bushels vs. 4.597 Billion Market Estimate, 4.562 Billion in October

According to Jin10, the U.S. Department of Agriculture forecast November 2026/2027 U.S. soybean production at 4.574 billion bushels, compared with the market expectation of 4.597 billion bushels and the October forecast of 4.562 billion bushels. The November forecast for soybean ending stocks was 300 million bushels, versus the market expectation of 331 million and the October forecast of 315 million. The November soybean yield forecast was 53.3 bushels per acre, compared with the market expectation of 53.5 and the October forecast of 53.1.