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CBOT soybean futures fell to an 11-week low on Wednesday. The S&P GSCI Petroleum Index dropped 7.64% over five days, and crude weakness weighed on the complex.
Soybeans and soy oil track energy prices through biofuel demand, so falling crude pushes prices lower. The move is a routine price reaction to oil rather than a new supply or demand shock.
ca.marketscreener.comReutersNov 4, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not 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.
