# Agricultural Oversupply Pushes Prices Lower

> CBOT grain futures fell over the week, with wheat down 3.5%, soybeans down 2.7%, corn down 2.0% and rice down 0.5%. Russia's renewed grain shipments via the Sea of Azov eased supply worries, while faster US harvesting added physical supply.

- Date: 2026-11-01 · published 2026-11-02T19:40:05.335Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/75697-agricultural-oversupply-pushes-prices-lower
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Rough Rice](https://feedsoft.ai/c/RICE.md)

## Why it matters

Resumed Russian exports and a fast US harvest add supply to the wheat, corn and soybean markets, which points to softer feed and meal costs in the near term.

## Read by commodity

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

## Sources

- haber.com: https://www.haber.com/ekonomi/tarimda-arz-fazlasi-fiyatlari-indirdi-30490

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