# Agricultural market group 2/11/2026: wheat recovers, corn and soybeans stay low

> 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.

- Date: 2026-11-02 · published 2026-11-02T19:38:39.822Z
- Category: trade · region US · magnitude low
- Page: https://feedsoft.ai/events/75678-agricultural-market-group-2-11-2026-wheat-recovers-corn-and-soybeans-stay-low
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

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.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2024-12-27 | [Export sales increase for wheat and corn, soybeans hit marketing-year low - Brownfield Ag News](https://feedsoft.ai/events/26997-export-sales-increase-for-wheat-and-corn-soybeans-hit-marketing-year-low.md) | -0.4% | -2.0% |
| WHEAT | 2023-12-15 | [Strong export demand boosts wheat, corn performance - Agweek \| #1 source for agriculture news, farming, markets](https://feedsoft.ai/events/9994-strong-export-demand-boosts-wheat-corn-performance-agweek-1-source-for.md) | +2.0% | +3.1% |
| WHEAT | 2016-11-08 | [Corn, soybeans, wheat up ahead of USDA numbers - Brownfield Ag News](https://feedsoft.ai/events/8305-corn-soybeans-wheat-up-ahead-of-usda-numbers-brownfield-ag-news.md) | +1.1% | -0.1% |
| WHEAT | 2025-06-02 | [U.S. grains: Soybeans fall to seven-week low; corn eases, wheat climbs - Grainews](https://feedsoft.ai/events/10946-u-s-grains-soybeans-fall-to-seven-week-low-corn-eases-wheat-climbs-grainews.md) | +2.9% | +1.7% |
| WHEAT | 2021-01-26 | [Rally continues for soybeans, corn, wheat - Brownfield Ag News](https://feedsoft.ai/events/4062-rally-continues-for-soybeans-corn-wheat-brownfield-ag-news.md) | -9.4% | -0.2% |
| CORN | 2018-06-18 | [Weekly Analysis: New-Crop Corn, Soybeans and SRW Wheat Markets](https://feedsoft.ai/events/10577-weekly-analysis-new-crop-corn-soybeans-and-srw-wheat-markets.md) | -0.9% | -3.9% |
| CORN | 2026-04-10 | [Soybeans hit two-week high as soymeal jumps; corn, wheat sag \| Stock Market News](https://feedsoft.ai/events/11661-soybeans-hit-two-week-high-as-soymeal-jumps-corn-wheat-sag-stock-market-news.md) | +1.0% | +2.2% |
| CORN | 2025-12-01 | [Chicago soybeans slip as traders monitor China buying; wheat, corn also down - Markets - Business Recorder](https://feedsoft.ai/events/21547-chicago-soybeans-slip-as-traders-monitor-china-buying-wheat-corn-also-down.md) | +0.3% | +0.3% |

## Sources

- doanhnghiephoinhap.vn: https://doanhnghiephoinhap.vn/thi-truong-nhom-nong-san-2112026-lua-mi-phuc-hoi-ngo-va-dau-tuong-duy-tri-muc-thap-153101.html

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