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Brazilian soybean physical prices were firm and mostly higher on Friday, with good offers and significant trade volume. Chicago soybean futures closed higher, reaching two-week highs on the USDA November report and a new batch of export sales.
Firm Chicago futures and a slightly stronger dollar support Brazilian physical soybean prices, and farmers selling more volume adds to supply on the spot market. Buyers should expect continued firmness while the export sales pace holds.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.