# US harvest pressures corn, soybean and wheat prices lower

> Chicago corn, soybean and wheat prices fell after the US harvest accelerated, with the USDA reporting 60% of corn harvested versus 44% the prior week. December corn dropped to around $176.67/t, its lowest since early July, and soybeans also came under heavy selling pressure. Growing South American production forecasts add further uncertainty.

- Date: 2026-11-02 · published 2026-11-02T19:36:14.459Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/75632-us-harvest-pressures-corn-soybean-and-wheat-prices-lower
- 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

Faster US harvest and expectations of larger South American crops increase near-term export competition and weigh on grain prices, squeezing Latin American exporter margins.

## Read by commodity

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

## Sources

- rurales.elpais.com.uy: https://rurales.elpais.com.uy/agricultura/la-cosecha-de-estados-unidos-presiona-a-la-baja-los-precios-del-maiz-la-soja-y-el-trigo

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