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An Illinois Extension market broadcast discussed the recent downturn in crop and crude oil prices. The analyst noted soybeans are supported by strong crush demand while corn and wheat struggle to find positive signals.
The episode also covered Midwest harvest-slowing rains and dry conditions affecting Indonesian palm oil.
Strong crush demand supports soybean meal and oil, while Indonesian dryness could tighten palm oil supply and support vegetable oil prices for feed buyers.
extension.illinois.eduNov 2, 2026
will.illinois.eduNov 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.
