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January soybeans closed down 17.5 cents at US$12.1675 per bushel, while December corn ended up half a cent and December CBOT wheat rose 3 cents. The Crop Progress report showed corn harvest 74% complete and soybean harvest 88% complete.
Lean hogs fell to contract lows, and the CME Lean Hog Index dropped to 66.57, its lowest since January 2024.
Soybeans are trading toward US$12 under harvest pressure and technical selling, which lowers the cost of soybean meal inputs. Weak hog prices reduce the appetite for feed among pork producers.
agriculture.comSuccessful FarmingNov 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.
