# Soybeans close up 0.46% in Chicago but post a fourth straight week of losses

> Chicago soybean futures for January delivery rose 0.46% on Friday to $11.93 per bushel, a technical rebound that did not prevent a fourth consecutive weekly decline. Soybean and product prices were pressured by the arrival of the new US crop and expectations for a USDA report; December soybean oil fell 5.52% for the week and soybean meal declined 1.67%.

- Date: 2026-11-06 · published 2026-11-07T01:35:34.836Z
- Category: market · region United States · magnitude low
- Page: https://feedsoft.ai/events/85359-soybeans-close-up-0-46-in-chicago-but-post-a-fourth-straight-week-of-losses
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

New-crop supplies and bearish positioning weigh on soybean and product prices, potentially lowering feed meal costs. The article cites no fresh supply disruption or demand change to reverse that pressure.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼

## Sources

- cnnbrasil.com.br: https://www.cnnbrasil.com.br/agro/soja-fecha-em-alta-de-046-em-chicago-mas-acumula-quarta-semana-de-perdas/

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