# Soybean prices remain firm in Brazil despite a decline in Chicago

> Brazilian soybean prices rose at the Port of Paranaguá, with the Cepea/Esalq indicator up 0.23% to R$158.53 per 60-kilogram bag on November 5, marking its ninth gain in the last eight trading sessions. Domestic demand was described as strong, and a stronger U.S. dollar supported local prices even as January 2027 soybean futures in Chicago fell 1.16% to their lowest level since August; prices elsewhere in Brazil were mixed.

- Date: 2026-11-06 · published 2026-11-06T12:05:40.403Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/83776-soybean-prices-remain-firm-in-brazil-despite-a-decline-in-chicago
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Brazilian Real (BRL per USD)](https://feedsoft.ai/c/USDBRL.md)

## Why it matters

Firm local demand and the weaker real (a higher USD/BRL) are supporting Brazilian cash prices despite lower Chicago futures. This divergence may keep Brazilian origin costs firm for buyers, although the Chicago decline is a counterweight.

## Read by commodity

- SOY: bullish ▲
- USDBRL: bullish ▲

## Sources

- globorural.globo.com: https://globorural.globo.com/cotacoes/noticia/2026/11/preco-da-soja-se-mantem-firme-no-brasil-mesmo-com-recuo-em-chicago.ghtml

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