# Soybeans closed at $437.35 in Chicago, down 2.62% for the week

> November soybeans rose $3.40 per tonne on Friday to close at $437.35 per tonne in Chicago, but fell 2.62% over the week. In Rosario, spot soybeans held at 535,000 pesos per tonne on Friday, down 1.83% from the previous week. Analysts expected the USDA to raise its estimate of U.S. soybean production to a record level.

- Date: 2026-11-06 · published 2026-11-07T07:36:27.411Z
- Category: market · region United States, Argentina · magnitude low
- Page: https://feedsoft.ai/events/85728-soybeans-closed-at-437-35-in-chicago-down-2-62-for-the-week
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The expected larger U.S. crop could add to supply pressure on soybeans, despite Friday’s recovery as traders covered short positions and bought after prices touched a low. The week ended lower overall.

## Read by commodity

- SOY: bearish ▼
- WHEAT: bearish ▼

## Sources

- argenfields.com: https://www.argenfields.com/en/noticias/la-soja-cerro-en-us-437-35-en-chicago-y-cayo-2-62-en-la-semana-9fc40e
- argenfields.com: https://www.argenfields.com/noticias/la-soja-cerro-en-us-437-35-en-chicago-y-cayo-2-62-en-la-semana-9fc40e

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