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Soybean futures in Chicago lost more than 1% on November 2, 2026, the first session of November, despite export inspections above 2.44 million tonnes. The January 2027 contract traded near $12.15 per bushel and November near $12.00.
Solid export inspections are offset by weakness tied to the US harvest and Brazil's crop outlook, keeping soybean prices under pressure for feed buyers.
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.