# Brazil soybean meal prices post sharpest daily drop since April after presidential election | S&P Global

> Paranaguá soybean meal for December shipment was assessed at $384.92/mt on Oct. 26, down $14.22/mt day over day. The drop is the largest daily decline since April and follows the presidential election, with ample supplies in Brazil and Argentina cited as earlier pressure.

- Date: 2026-10-27 · published 2026-10-29T06:13:10.967Z
- Category: market · region Brazil · magnitude medium
- Page: https://feedsoft.ai/events/491-brazil-soybean-meal-prices-post-sharpest-daily-drop-since-april-after
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

A sharp drop in Brazilian meal FOB prices lowers the export price floor for soybean meal and can pressure global protein meal values.

## Read by commodity

- SBM: bearish ▼

## Sources

- spglobal.com: https://www.spglobal.com/energy/en/news-research/latest-news/agriculture/102726-brazil-soybean-meal-prices-post-sharpest-daily-drop-since-april-after-presidential-election

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