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Soybean meal fell about $3.00 and soybeans dropped 14 to 15 cents on November 2, 2026, with soyoil around 50 points lower, as technical selling hit the soy complex. Corn was roughly unchanged after marking a fresh near-term low, and USDA reported corn sales to Mexico and China soybean purchases.
Weaker soybean meal and soybeans lower feed input costs for buyers, while the pressure from the soy complex is also weighing on corn. The moves appear driven mainly by technical selling rather than a new fundamental cause.
profarmer.comPro Farmer EditorsNov 2, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
