# Currency and Tight Supply Drive Agricultural Prices in October

> Cepea data released on November 3 show October agricultural prices in Brazil moved in different directions. A stronger dollar improved Brazilian soybean competitiveness and lifted soybean and corn prices, while limited supply pushed black bean prices to a two-year nominal high and kept cassava rising for a fourth straight month.

- Date: 2026-11-03 · published 2026-11-03T19:38:18.367Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/78352-currency-and-tight-supply-drive-agricultural-prices-in-october
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

A weaker real supports Brazilian soybean and corn export parity, which tightens domestic availability and supports feed grain prices. Limited buyer activity in corn, however, caps how much of the recovery reaches physical prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- agrocontexto.com.br: https://agrocontexto.com.br/agronegocio/cambio-e-oferta-restrita-movimentam-os-precos-agricolas-em-outubro/

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