# Chicago: Grains Fell More Than 10% in October and Soybeans Dropped

> Chicago grain futures fell more than 10% in October, with soybeans down 5.4% for the July 2027 contract and wheat posting nine straight weekly declines. Corn lost about 16% after five weeks of losses, and the U.S. harvest exceeded 400 million metric tons, the second largest on record.

- Date: 2026-10-31 · published 2026-11-01T06:06:19.223Z
- Category: market · region US · magnitude medium
- Page: https://feedsoft.ai/events/4019-chicago-grains-fell-more-than-10-in-october-and-soybeans-dropped
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Large harvest supplies and a sustained selloff point to ample feed grain availability and lower feed costs for buyers, with bearish pressure on corn, soybeans and wheat.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- argenfields.com: https://www.argenfields.com/en/noticias/chicago-los-cereales-cayeron-mas-de-10-en-octubre-y-la-soja-5-4-cfaa10

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