Loading…
Brent crude fell 8.25% to about US$104 a barrel on signs of US-Iran dialogue, dragging soybeans, rapeseed and vegetable oils lower. Chicago soybeans hit their lowest since August, while wheat showed a modest rebound near US$223 a tonne after nine weeks of declines.
Lower crude weakens biofuel-linked demand for vegetable oils and soy complex, pressuring feed protein and oil prices, while the sharp fall in corn and soybeans reflects harvest pressure and weaker export demand.
elprofesional.uyNov 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.
