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Corn futures finished modestly higher to start the trading week, with December corn up half a cent to 448.25 and March up one cent to 462. Soybeans and crude oil sold off heavily, and traders were watching the U.S. midterm elections and their possible effect on biofuel and trade policy.
Lower crude oil weighs on the biofuel economics that support soybean oil and corn ethanol demand, which can pull soybean and corn prices down with it. Election-related policy uncertainty adds risk to forward prices for feed buyers.
agupdate.comNov 3, 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.
