# First Thing Today | Will markets find their footing after Election Day?

> Grain futures were mixed in early trading on November 3, with December corn down 1.5 cents and January soybeans up 3 cents. Nymex WTI crude was up 2.1% at $98.50 a barrel, recovering part of Monday's plunge, after reports of U.S. strikes on Iran's Qeshm Island. Midterm election results were still pending.

- Date: 2026-11-03 · published 2026-11-03T15:06:04.094Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/77832-first-thing-today-will-markets-find-their-footing-after-election-day
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Election-related uncertainty may keep traders on the sidelines, and crude's swings on Iran diplomacy feed into biofuel and input costs that affect feed-ingredient pricing. The moves shown are small, so no clear new price direction emerges.

## Read by commodity

- SBM: neutral
- SBO: neutral
- SOY: neutral
- WTI: neutral
- CORN: neutral

## Sources

- profarmer.com: https://www.profarmer.com/news/first-thing-today/first-thing-today-markets-attempt-find-their-footing-election-day

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