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Soybean futures in Chicago opened lower on Wednesday, extending losses from the first two sessions of November, with the January 2027 contract approaching $12.00 per bushel. StoneX raised its production estimates for both the United States and Brazil, while the market awaits the next USDA supply and demand report.
Higher projected output from the US and Brazil increases expected supply, which pressures soybean prices. Buyers can expect softer soybean and meal costs unless demand absorbs the larger crop.
noticiasagricolas.com.brGuilherme DorigattiNov 4, 2026Not 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.
