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Soybeans fell in early November on fund and technical selling, with spillover from weaker soybean products and crude oil. USDA says 88% of U.S. soybeans are harvested versus a 84% average, and China bought another 136,000 tons of 2026/27 U.S. beans.
Corn was firm on fund and technical buying, and Mexico bought 1.73 million tons of U.S. corn.
Export demand from China and Mexico supports U.S. old-crop and new-crop prices, while faster harvest and crude weakness cap soybean gains. Buyers should expect continued volatility until USDA's November 10 report.
brownfieldagnews.comJohn PerkinsNov 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.
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.
