# Market acting as though the harvest is over - Farm and Dairy

> Chicago corn futures gained 30 1/4 cents for the week, with December corn reaching $5.85 on Nov. 2 after lows near $4.97 in September. January soybeans rose to $12.55 after an October low near $11.95. Harvest is on pace, though wet conditions left standing water in parts of Ohio.

- Date: 2021-11-03 · published 2021-11-03T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/7316-market-acting-as-though-the-harvest-is-over-farm-and-dairy
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Price gains are not backed by clear fundamentals and may reflect seasonal buying, but tight projected corn carryout supports prices.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲

## Sources

- farmanddairy.com: https://www.farmanddairy.com/columns/market-acting-as-though-the-harvest-is-over/691797.html

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