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Soybeans closed lower in Chicago on Monday, with the November contract down $6.52 to $442.67 per tonne and touching its lowest level since August 19. In Rosario the physical soybean price held at ARS 545,000 per tonne, while the Banco Nación buying dollar rose 0.75% to ARS 1,536.50.
A sharp fall in Brent crude, down about 7.4%, weakens the biofuel demand case for soybean oil and therefore soybeans, pressuring futures. Harvest in the US is about 88% complete and the USDA projects a record crop, which adds supply pressure.
tn.com.arJuan Ignacio ErrecaNov 2, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
