# Soybeans fall in Chicago, but stronger dollar supports prices in Brazil; here's what moved the day

> Brazilian soybean spot prices were mostly lower on November 3, with small declines in Passo Fundo, Cascavel, Rondonópolis and Paranaguá, while export premiums were unchanged. Soybean futures closed lower on the Chicago Board of Trade, extending Monday's decline alongside weaker oil and an ongoing US harvest. A stronger US dollar cushioned the losses in Brazilian reais terms, and farmers remained largely out of the market.

- Date: 2026-11-03 · published 2026-11-04T00:49:27.303Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/78845-soybeans-fall-in-chicago-but-stronger-dollar-supports-prices-in-brazil-here-s
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Lower CBOT futures and crude oil weigh on soybean values, while the firmer dollar offsets part of the drop for Brazilian sellers. Harvest pressure and limited farmer selling keep the near-term price outlook modestly bearish for soymeal and oil inputs.

## Read by commodity

- DXY: bullish ▲
- SBM: bearish ▼
- SOY: bearish ▼
- USDBRL: bullish ▲

## Sources

- canalrural.com.br: https://www.canalrural.com.br/agricultura/projeto-soja-brasil/soja-cai-em-chicago-mas-alta-do-dolar-sustenta-precos-no-brasil-saiba-o-que-movimentou-o-dia/

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