# Expectation of ample soybean supply keeps prices falling on the Chicago exchange

> Soybean futures on the Chicago Board of Trade fell on Monday, with January 2027 contracts down 1.42% to US$12.1675 per bushel. Corn was roughly flat at US$4.4828 per bushel for December delivery. Consultancy Granar cited the ongoing US harvest, rumors of higher US production and ending-stock estimates in the upcoming USDA report, and favorable Brazilian planting (53% of area).

- Date: 2026-11-02 · published 2026-11-03T01:35:20.286Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/76808-expectation-of-ample-soybean-supply-keeps-prices-falling-on-the-chicago-exchange
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Heavy US harvest supply and expectations of a bigger USDA crop put downward pressure on soybean and corn prices. A weaker real also encourages Brazilian farmers to sell, adding export supply.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- USDBRL: bearish ▼

## Sources

- globorural.globo.com: https://globorural.globo.com/cotacoes/noticia/2026/11/expectativa-com-ampla-oferta-de-soja-mantem-precos-em-queda-na-bolsa-de-chicago.ghtml

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