# Soybeans Continue to Slide as Grains End the Day Lower | Monday, Nov. 2, 2026

> 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.

- Date: 2026-11-02 · published 2026-11-03T06:05:26.533Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/77024-soybeans-continue-to-slide-as-grains-end-the-day-lower-monday-nov-2-2026
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

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.

## Read by commodity

- SOY: bearish ▼
- CORN: neutral
- HOGS: bearish ▼
- WHEAT: neutral

## Sources

- agriculture.com: https://www.agriculture.com/soybeans-continue-to-slide-as-grains-end-the-day-lower-or-monday-nov-2-2026-12207693

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