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Soybean and corn futures rose on Tuesday despite a broader market downturn, after U.S. crop condition ratings declined. Soybeans were rated 63% good to excellent, down from 66%, and corn was rated 63%, down four points.
USDA also reported private export sales of 197,200 tonnes of corn to unknown destinations.
Falling crop ratings tighten expected U.S. supply and support corn and soybean prices, while soymeal and feed costs for buyers may firm accordingly.
magcon.orgMargart WisokyNov 1, 2026After 1,465 past bullish weather events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% over 20.
After 1,079 past bullish weather events, SOY moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.0%), and +0.9% over 20.
After 453 past bullish weather events, SBM moved a median +0.5% over 5 sessions (55% higher; middle half -1.6% to +2.7%), and +0.5% over 20.
After 17 past bearish weather events, WTI moved a median +1.4% over 5 sessions (59% higher; middle half -2.7% to +5.9%), and +2.9% over 20.
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.
