# Brazil soybean meal prices drop sharply after Lula reelection - News and Statistics - IndexBox

> Brazilian soybean meal prices fell sharply on Oct. 26, down 14.22 dollars per metric ton in one day. The drop was the largest one-day decline since April, amid plentiful supplies in Brazil and Argentina.

- Date: 2026-10-29 · published 2026-10-29T18:05:50.628Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/1386-brazil-soybean-meal-prices-drop-sharply-after-lula-reelection-news-and
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Ample South American crush supplies push soybean meal values lower, easing feed protein costs for buyers. The decline reflects supply pressure rather than a new disruption.

## Read by commodity

- SBM: bearish ▼

## Sources

- indexbox.io: https://www.indexbox.io/blog/brazilian-soybean-meal-fob-prices-post-sharpest-one-day-fall-since-mid-april-after-lulas-reelection/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.