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Chicago soybeans for November 2026 delivery fell US$3.58 to US$438.44 per tonne, their lowest since 14 August, and have lost ground in 17 of the last 21 sessions. Analysts attribute the drop to a strong US harvest, with 88% complete, and expectations of a large South American crop.
Ample US and South American supply is pressuring soybean and meal prices lower, while Argentine producers face falling revenue against unchanged costs.
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.