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Chicago wheat futures rose above $6.05 a bushel, recovering from a 16-week low of $5.99 on October 28, after China's Cofco reportedly sought US soft red winter wheat for next year's shipments. Corn stayed below $4.50 a bushel near an 11-week low as US harvest progress reached 60% by October 25.
Chinese purchase interest supports wheat, but record-high global output and larger Australian and Argentine crops cap prices. Heavy US corn and soybean harvest supplies keep feed grain prices under pressure.
doanhnghiephoinhap.vnTuệ LâmNov 2, 2026After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
After 683 past bearish trade events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.7% to +1.6%), and +0.3% over 20.
After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
