# Soybeans fall again in Chicago early November as US supply and Brazil crop in focus

> CBOT soybean futures opened November with small losses, giving back part of the late-October recovery; November 2026 traded near $12.22 per bushel. The market is weighing the start of the US harvest, steady Chinese demand and Brazil's 2026/27 crop outlook after the prior week's drop of over 2%.

- Date: 2026-11-02 · published 2026-11-02T21:24:47.192Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/76178-soybeans-fall-again-in-chicago-early-november-as-us-supply-and-brazil-crop-in
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Harvest pressure in the US and a large Brazilian crop outlook weigh on soybean and meal values, while firm Chinese demand limits the downside for buyers of soybean meal.

## Read by commodity

- SBM: neutral
- SOY: bearish ▼

## Sources

- noticiasagricolas.com.br: https://www.noticiasagricolas.com.br/noticias/soja/430670-soja-volta-a-recuar-em-chicago-no-inicio-de-novembro-com-oferta-americana-e-safra-brasileira-no-radar.html

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