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Conab reported that Brazil had planted 54.3% of its 2026/27 soybean area by 1 November. Planting is ahead in the Center-West, while dry conditions and irregular rain slow it in parts of Matopiba and the South.
Planting past the halfway mark with a strong Center-West lowers the risk of a short Brazilian crop, which is mildly bearish for soybeans and meal. Irregular rain in Matopiba is the main thing to watch.
agrilinkage.comAgriLinkage ProductionNov 4, 2026After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
After 399 past bearish report events, Soybean Meal moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.2%), and -1.0% over 20.
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.
