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Weak demand from buyers who are already well supplied pushed soybean meal and soybean oil prices lower in early November, reducing crushers’ margins. Lower demand for derivatives and greater Northern Hemisphere soybean supply also pressured bean prices, while concerns about irregular rainfall, dry spells and excess moisture in Brazil limited further declines.
Weaker meal and oil demand reduces crushers’ revenue and can weigh on soybean prices. Weather risks in Brazil provide a countervailing source of support for beans.
agrimidia.com.brAgrimídiaNov 9, 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.
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.
