This morning, the CBoT soybean futures prices are falling as many exchange traders expect the global soybean supply to be higher in the USDA monthly report (WASDE) expected this evening at 6:00 p.m. German time. Since China is currently buying soybeans on a massive scale, this prevents an even larger drop in price.
The soybean market could be shaken tonight, a stockbroker from Australia writes to customers this morning. He expects US agency officials to report a very large supply of soybeans. Especially in the United States.
Source
Hansa Terminhandel GmbH