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Chicago soybean futures rose on Friday after reaching their lowest level since August 14, but still ended the week down 2.62%. Rosario’s spot soybean price was unchanged on the day at 535,000 pesos per tonne and fell 1.83% over the week.
The Rosario Grain Exchange attributed the daily recovery to short covering and bargain buying, while the arrival of newly harvested soybeans limited gains.
Short covering supported a modest rebound, but fresh harvest supplies and expectations of a potentially record U.S. crop weigh on prices. The balance of these factors points to continued pressure despite the day’s recovery.
tn.com.arJuan Ignacio ErrecaNov 6, 2026Not 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.
