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Soybean and rapeseed prices rebounded last week, ending a bearish run, while wheat snapped a 10-week decline. Rapeseed gained US$22 on the European market, and Uruguayan exporter prices rose US$16 to US$528 per tonne during a record harvest.
Soybeans rose 3% in Chicago to US$459 per tonne for July 2027 delivery, helped by the USDA report, while the euro fell to a 20-month low of US$1.10.
A stronger euro-based rapeseed market and a firmer Chicago soybean market lift Uruguayan oilseed values, but the weaker euro limits the gain in dollar terms. Record area and yields of about 1.7 to 1.75 tonnes per hectare keep the local supply ample.
elobservador.com.uyBlasina y AsociadosNov 15, 2026Not 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.
