# After the Bell | Corn inches higher despite sharply lower crude prices

> 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.

- Date: 2026-11-02 · published 2026-11-03T00:22:33.826Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/76597-after-the-bell-corn-inches-higher-despite-sharply-lower-crude-prices
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

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.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼
- WTI: bearish ▼
- CORN: neutral

## Sources

- profarmer.com: https://www.profarmer.com/news/after-bell/after-bell-corn-inches-higher-despite-sharply-lower-crude-prices

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.