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EconomicBrazil·27 Oct 2026

Soybean and Wheat Investment Funds Decline Amid Brazilian Real Depreciation

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On October 26, 2026, grain-focused exchange-traded funds declined as the Brazilian real depreciated significantly against the US dollar. Specifically, the soybean fund (SOYB) fell 1.23%, the wheat fund (WEAT) dropped 1.27%, and the broader agricultural fund (DBA) fell 0.97% following President Lula’s re-election, which triggered a 13.88% drop in the…

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Rio Times
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