# Soybeans fall in Chicago on larger crop projections, but prices rise at Brazilian ports

> Chicago soybean prices fell for a second session on November 4, with January 2027 futures near $12.03 per bushel. StoneX raised its Brazil 2026/27 soybean crop estimate to 184.95 million tonnes, and upward revisions to US and Brazilian output added to the outlook for ample supply. Physical prices rose at Rio Grande and Paranaguá, though not in every producing region.

- Date: 2026-11-04 · published 2026-11-04T18:05:31.839Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/80021-soybeans-fall-in-chicago-on-larger-crop-projections-but-prices-rise-at
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Larger US and Brazilian crop estimates point to ample supply and weigh on futures, while firmer port premiums and freight keep Brazilian farm-gate values uneven. Feed buyers should expect soybean meal and soy complex prices to stay under pressure unless demand rises.

## Read by commodity

- SOY: bearish ▼

## Sources

- portaldoagronegocio.com.br: https://www.portaldoagronegocio.com.br/agricultura/soja/noticias/soja-cai-em-chicago-com-projecoes-de-safra-maior-mas-precos-sobem-nos-portos-brasileiros

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