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December 2026 corn fell to a fresh four-month low before rebounding, and money managers cut their long position to the smallest in four months. The European Commission lowered its EU corn production estimate by 1.3 million tonnes to 47 million tonnes, while soybeans fell sharply on speculative selling and a favorable South American weather outlook.
Heavy fund selling and weak US export inspections keep the path of least resistance lower for corn and soybeans, with softer soybean prices also weighing on meal. A worsening South American forecast is the main upside risk.
admis.comMark SoderbergNov 2, 2026Not 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.
