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December corn rose slightly to $4.48 1/4 but touched a four-month low, while January soybeans fell 17.5 cents to a 2.5-month low. Soybean meal and soybean oil also hit multi-week lows, with oil at a six-month closing low, as crude oil fell sharply and the dollar weakened.
Lower crude weakens the biofuel margin for soyoil and pulls down the whole soybean complex, which lowers feed meal costs in the near term. Continued harvest hedge selling keeps pressure on soy and meal prices.
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.
