# Soybeans and Corn Prices Surge: CBOT Review and Crop Ratings (2026)

> 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.

- Date: 2026-11-01 · published 2026-11-01T06:05:51.765Z
- Category: weather · region US · magnitude low
- Page: https://feedsoft.ai/events/4005-soybeans-and-corn-prices-surge-cbot-review-and-crop-ratings-2026
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Falling crop ratings tighten expected U.S. supply and support corn and soybean prices, while soymeal and feed costs for buyers may firm accordingly.

## Read by commodity

- SBM: bullish ▲
- SOY: bullish ▲
- WTI: bearish ▼
- 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 | 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 | 2026-02-11 | [Lack of rain pressures corn and soybeans in the South](https://feedsoft.ai/events/13451-lack-of-rain-pressures-corn-and-soybeans-in-the-south.md) | -0.5% | +1.7% |
| CORN | 2024-06-21 | [Stress and the 2024 corn and soybean crops - farmdoc](https://feedsoft.ai/events/13176-stress-and-the-2024-corn-and-soybean-crops-farmdoc.md) | -5.5% | -8.4% |
| 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% |
| 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 | 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) | +14.1% | +3.8% |
| SOY | 2026-02-11 | [Lack of rain pressures corn and soybeans in the South](https://feedsoft.ai/events/13451-lack-of-rain-pressures-corn-and-soybeans-in-the-south.md) | +1.0% | +6.9% |

## Sources

- magcon.org: https://magcon.org/article/soybeans-and-corn-prices-surge-cbot-review-and-crop-ratings

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