# Falling soybean meal and oil prices reduce soybean crushing margins

> 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.

- Date: 2026-11-09 · published 2026-11-09T12:06:41.741Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/89292-falling-soybean-meal-and-oil-prices-reduce-soybean-crushing-margins
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

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.

## Read by commodity

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

## Sources

- agrimidia.com.br: https://agrimidia.com.br/suinocultura-industrial/2026/11/09/queda-do-farelo-e-do-oleo-reduz-margem-de-esmagamento-da-soja/

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