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Global soybean prices fell 4.5% in October to $12.34 per bushel, the steepest monthly decline since December 2025. The drop followed expectations of record US production and faster harvest progress that increased supply reaching the market.
Expectations of record US output and accelerating harvest add near-term supply, pressuring soybean and meal prices. Weaker Brazilian real and freight cost differences also shift export competitiveness.
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.