# Soybean & Corn Futures Surge: Declining Crop Ratings Impact CBOT Prices | Market Analysis (2026)

> Weekly crop condition ratings showed U.S. soybeans falling from 66% to 63% good-to-excellent and corn falling from 67% to 63%, both larger drops than analysts expected. CBOT soybean and corn futures rose on the report despite lower crude oil and soyoil prices.

- Date: 2026-11-01 · published 2026-11-01T18:28:45.881Z
- Category: weather · region US · magnitude medium
- Page: https://feedsoft.ai/events/34046-soybean-and-corn-futures-surge-declining-crop-ratings-impact-cbot-prices-market
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Deteriorating crop ratings signal reduced expected yields, which supports corn and soybean prices and raises feed grain and soybean meal costs for buyers.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2025-01-22 | [CBOT corn and soybean prices surge amid drought in Argentina – ProAgri Media](https://feedsoft.ai/events/11810-cbot-corn-and-soybean-prices-surge-amid-drought-in-argentina-proagri-media.md) | -0.8% | +3.8% |
| CORN | 2023-11-20 | [Brazilian soybean crop faces problems, and replanting could cut future corn area](https://feedsoft.ai/events/13613-brazilian-soybean-crop-faces-problems-and-replanting-could-cut-future-corn-area.md) | -2.1% | +0.7% |
| CORN | 2022-04-25 | [Corn, soybean planting in Illinois delayed by cold temperatures and rain](https://feedsoft.ai/events/13373-corn-soybean-planting-in-illinois-delayed-by-cold-temperatures-and-rain.md) | +0.4% | -2.0% |
| CORN | 2022-07-25 | [Heat takes bite out of corn, soybean and spring wheat crop condition ratings - Pro Farmer](https://feedsoft.ai/events/13344-heat-takes-bite-out-of-corn-soybean-and-spring-wheat-crop-condition-ratings-pro.md) | -0.8% | +3.7% |
| CORN | 2021-06-08 | [Potential for Drought Can Impact Prices and Marketing Plans \| NDSU Agriculture](https://feedsoft.ai/events/46421-potential-for-drought-can-impact-prices-and-marketing-plans-ndsu-agriculture.md) | -2.0% | +2.4% |
| SOY | 2025-01-22 | [CBOT corn and soybean prices surge amid drought in Argentina – ProAgri Media](https://feedsoft.ai/events/11810-cbot-corn-and-soybean-prices-surge-amid-drought-in-argentina-proagri-media.md) | -2.1% | -3.3% |
| SOY | 2023-11-20 | [Brazilian soybean crop faces problems, and replanting could cut future corn area](https://feedsoft.ai/events/13613-brazilian-soybean-crop-faces-problems-and-replanting-could-cut-future-corn-area.md) | -0.8% | -1.0% |
| SOY | 2022-07-31 | [CBOT soyabean futures rally - Markets - Business Recorder](https://feedsoft.ai/events/40515-cbot-soyabean-futures-rally-markets-business-recorder.md) | -1.4% | -1.9% |

## Sources

- leomare.org: https://leomare.org/article/soybean-corn-futures-surge-declining-crop-ratings-impact-cbot-prices-market-analysis

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