The data released by SECEX shows that the pace of Brazilian soybean exports in November was significantly higher than the same period last year. From November 1st to 30th, Brazil's soybean exports were 4.197 million tons, compared to 2.553 million tons in November last year.

The article shows that Brazil's soybean exports reached 4.197 million tons in November, an increase of about 64.4% compared to 2.553 million tons in the same period last year, indicating a significant increase in supply. This change may exert significant downward pressure on soybean spot prices, as export growth reflects ample supply from Brazil's production areas, increasing global market supply and restraining upward price potential.

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