# Soybean reaches R$170 but port references remain distinct

> Soybean available for sale approached R$170 per sack at Brazilian ports on November 12, according to analyst Cristiano Palavro of Pátria Agronegócios, while new-crop reference prices were near R$150. The gap of about R$20 reflects different delivery cycles, and quotes vary by port, timing and source.

- Date: 2026-11-12 · published 2026-11-13T09:08:26.231Z
- Category: market · region Brazil · magnitude low
- Page: https://feedsoft.ai/events/97485-soybean-reaches-r-170-but-port-references-remain-distinct
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The spread between spot and new-crop prices shows that Brazilian soybean buyers face a sizeable premium for immediate delivery, while new-crop pricing tracks the weaker Chicago trend. Buyers comparing quotes must account for port and timing differences before judging price levels.

## Read by commodity

- SOY: neutral

## Sources

- jornalpaubrasil.com: https://jornalpaubrasil.com/agronegocio/soja-portos-diferenca-disponivel-safra-nova/

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