# Overnight global snapshot – Nov 10

> Wheat, corn and soybean futures fell on the Chicago Board of Trade after Donald Trump's election win raised concern about protectionist trade policy. Corn dropped 2.2 percent, soybeans 1 percent and wheat 0.8 percent in midday trading. Agribusiness shares such as ADM also declined.

- Date: 2016-11-09 · published 2016-11-09T12:00:00.000Z
- Category: trade · region US · magnitude medium
- Page: https://feedsoft.ai/events/73824-overnight-global-snapshot-nov-10
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Fears of tougher U.S. trade policy threaten export demand for the world's top corn and soybean exporter, weighing on prices. A weaker U.S. dollar could support exports and partly offset the pressure.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2018-11-06 | [Global sales of ethanol, DDGS tighten but remain robust](https://feedsoft.ai/events/62050-global-sales-of-ethanol-ddgs-tighten-but-remain-robust.md) | -6.4% | -0.6% |
| CORN | 2025-11-28 | [Global urea activity subdued through November - Genesis Fertilizers](https://feedsoft.ai/events/4469-global-urea-activity-subdued-through-november-genesis-fertilizers.md) | +1.0% | +1.9% |
| CORN | 2023-06-12 | [Global Ag News for June 12.23 - ADM Investor Services](https://feedsoft.ai/events/14838-global-ag-news-for-june-12-23-adm-investor-services.md) | +6.8% | -3.2% |
| CORN | 2026-05-15 | [Ahead of the Open \| Grain market extends pullback overnight - Pro Farmer](https://feedsoft.ai/events/9304-ahead-of-the-open-grain-market-extends-pullback-overnight-pro-farmer.md) | +1.2% | -7.4% |
| CORN | 2019-08-04 | [Global Ag Network \| FED Speaks - Grains Under Pressure](https://feedsoft.ai/events/6046-global-ag-network-fed-speaks-grains-under-pressure.md) | -2.4% | -8.2% |
| SOY | 2019-08-02 | [VEGOILS-Palm edges down tracking weaker overnight soyoil](https://feedsoft.ai/events/6472-vegoils-palm-edges-down-tracking-weaker-overnight-soyoil.md) | +2.1% | +1.1% |
| SOY | 2019-05-28 | [A changing global soybean market](https://feedsoft.ai/events/59137-a-changing-global-soybean-market.md) | +5.9% | +9.6% |
| SOY | 2025-10-27 | [Global Ag News For Oct 27.2025 - ADM Investor Services](https://feedsoft.ai/events/4785-global-ag-news-for-oct-27-2025-adm-investor-services.md) | +5.6% | +8.0% |

## Sources

- farmersweekly.co.nz: https://www.farmersweekly.co.nz/news/overnight-global-snapshot-nov-10/

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