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Chicago corn fell again on heavy harvest pressure, and wheat also declined as Russia reportedly resumed grain traffic from the Sea of Azov. The analysis expects corn to be near a floor around USD 4.50 per bushel and expects the November WASDE to bring no major changes.
Expanded Black Sea wheat exports add supply that pressures wheat prices, while corn's harvest-driven decline is largely priced in. Feed buyers may find near-term value in corn but should watch whether Russian and Ukrainian export flows are confirmed.
czapp.comAlberto CarmonaNov 3, 2026Not 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.
