# Soybeans log a fourth straight weekly decline in Chicago and break below $12; China’s 2035 target falls short of its purchases from Brazil

> Chicago soybean futures fell for a fourth consecutive week, with the January contract closing below $12 per bushel and losing about 3% over the week. Pressure came from the U.S. harvest and the rapid pace of Brazilian planting, while traders awaited the USDA’s monthly supply-and-demand report and watched for possible further Chinese purchases of U.S. soybeans.

- Date: 2026-11-09 · published 2026-11-11T13:35:47.218Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/93631-soybeans-log-a-fourth-straight-weekly-decline-in-chicago-and-break-below-12
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The U.S. harvest and progress in Brazilian planting add to expected soybean availability, weighing on prices. Potential Chinese buying could offer support, but the article describes it as an expectation rather than a confirmed purchase.

## Read by commodity

- SOY: bearish ▼

## Sources

- campoempauta.com.br: https://campoempauta.com.br/mercado/soja-tem-4-semana-de-queda-em-chicago-e-fura-us-12-meta-da-china-para-2035-fica-abaixo-da-compra-ao-brasil

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