# CME Grain, Oilseed Contracts Slide in October

> Spot CME corn, soybeans, wheat, soybean meal and soybean oil all fell in October, with corn down 10.6% after higher-than-expected stocks and a larger October yield estimate. Wheat dropped 10.7% and soymeal fell 9.1%, with heavy fund liquidation from record long positions adding pressure. Soybeans declined 2.7%, and losses continued at the start of November.

- Date: 2026-11-03 · published 2026-11-03T15:06:12.532Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/77833-cme-grain-oilseed-contracts-slide-in-october
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [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)

## Why it matters

Expectations of a record U.S. crop and a favorable South American start weigh on oilseed and meal values, which lowers feed-ingredient costs for buyers. Fund selling has added momentum, so near-term pressure may persist until positioning clears.

## Read by commodity

- SBM: bearish ▼
- SBO: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- dtnpf.com: https://www.dtnpf.com/agriculture/web/ag/blogs/fundamentally-speaking/blog-post/2026/11/03/cme-grain-oilseed-contracts-slide
- dtnpf.com: https://www.dtnpf.com/agriculture/web/Ag/blogs/fundamentally-speaking/blog-post/2026/11/03/cme-grain-oilseed-contracts-slide
- dtnpf.com: https://www.dtnpf.com/agriculture/web/AG/blogs/fundamentally-speaking/blog-post/2026/11/03/cme-grain-oilseed-contracts-slide

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