# Soybean prices hold steady in Brazil amid weather concerns and weak demand for products

> Brazilian soybean prices were broadly steady, with the Paranaguá benchmark up 0.06% on November 9 to R$158.62 per 60-kilogram sack. Weak domestic and international demand for soybean meal and oil, along with Northern Hemisphere harvest supply, had weighed on prices, while weather uncertainty during Brazil’s 2026/27 planting season limited further declines.

- Date: 2026-11-10 · published 2026-11-11T19:35:47.741Z
- Category: weather · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/94043-soybean-prices-hold-steady-in-brazil-amid-weather-concerns-and-weak-demand-for
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md)

## Why it matters

Soft demand for meal and oil and increased global supply are bearish for the soybean complex, while planting-weather uncertainty provides a countervailing risk premium for soybeans. The net effect described is sideways soybean pricing in Brazil.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2021-08-27 | [Potential Brazil corn and soybean production in 2021/22](https://feedsoft.ai/events/45432-potential-brazil-corn-and-soybean-production-in-2021-22.md) | -6.5% | -6.0% |
| SOY | 2023-06-29 | [Soybean Production and Demand Are Up in the Air](https://feedsoft.ai/events/35544-soybean-production-and-demand-are-up-in-the-air.md) | +5.2% | +5.6% |
| SOY | 2022-12-12 | [Brazil producers hope for rain as soybean planting nears end](https://feedsoft.ai/events/13678-brazil-producers-hope-for-rain-as-soybean-planting-nears-end.md) | -0.3% | +1.8% |
| SOY | 2023-08-15 | [Soybeans down despite dry weather concerns - Brownfield Ag News](https://feedsoft.ai/events/5617-soybeans-down-despite-dry-weather-concerns-brownfield-ag-news.md) | -1.5% | -4.3% |
| SOY | 2025-05-29 | [Tariff Tangles Ignored: Why Corn and Soybeans Are Sticking to Weather, Not Washington, for Price Direction](https://feedsoft.ai/events/24701-tariff-tangles-ignored-why-corn-and-soybeans-are-sticking-to-weather-not.md) | -0.3% | -2.5% |
| SBM | 2026-03-12 | [Brazil Crop, Midwest Weather Outlook for Soybeans](https://feedsoft.ai/events/13012-brazil-crop-midwest-weather-outlook-for-soybeans.md) | +0.6% | -0.7% |
| SBM | 2026-02-13 | [Weather favors Brazil’s soybean crop \| World Grain](https://feedsoft.ai/events/13448-weather-favors-brazil-s-soybean-crop-world-grain.md) | -0.0% | +6.9% |
| SBM | 2024-11-28 | [New soybean crop planting crop advances and already exceeds 80% in Brazil](https://feedsoft.ai/events/13535-new-soybean-crop-planting-crop-advances-and-already-exceeds-80-in-brazil.md) | -1.3% | +2.2% |

## Sources

- agrimidia.com.br: https://agrimidia.com.br/suinocultura-industrial/2026/11/10/precos-da-soja-operam-de-lado-no-brasil-com-alerta-climatico-e-demanda-fraca-por-derivados/

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