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Chicago soybean futures fell to about USD 11.80 per bushel in early November, down 9.4% from early October. The decline reflects a stronger US crop estimate, a weaker Brazilian real, and falling soymeal and soyoil prices, with Brazil's planting ahead of schedule.
Larger US and Brazilian crop prospects plus a weaker real lower the cost of soybeans and meal for importers, pressuring soymeal prices for feed buyers. Softer Chinese demand could add further downside.
czapp.comFred GaleNov 11, 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.
