# Brooks Schaffer Market Report for Tuesday, November 3rd

> Corn had its fifth consecutive weekly loss and wheat its ninth, with the market pricing in USDA's large corn crop. Soybean yields are reported as very good, and funds have been aggressive sellers, while a flash sale of 1.7 million tonnes of corn to Mexico was announced.

- Date: 2026-11-03 · published 2026-11-03T09:05:55.749Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/77310-brooks-schaffer-market-report-for-tuesday-november-3rd
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Routine market commentary describing price declines; the Mexico sale is a modest demand signal, but cash corn basis is not confirming a bigger crop, so the price outlook is mixed.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- sfntoday.com: https://www.sfntoday.com/2026/11/03/brooks-schaffer-market-report-for-tuesday-november-3rd/

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