# Ahead of the Open | Corn, soybeans slide to fresh lows - Pro Farmer

> Corn, soybeans and wheat traded lower before the open on November 3, with corn and soybeans hitting fresh lows for the move. Fund selling continued despite solid cash-market demand, while the US attacked Iran's Qeshm Island and oil futures fell on diplomacy hopes.

- Date: 2026-11-03 · published 2026-11-03T18:06:33.816Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/78070-ahead-of-the-open-corn-soybeans-slide-to-fresh-lows-pro-farmer
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Persistent fund selling is pushing grain prices to new lows even with firm cash demand. Lower crude oil reduces the energy-linked support for soybean oil and biofuel-related demand, while a fading Black Sea war premium removes wheat's risk support.

## Read by commodity

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

## Sources

- profarmer.com: https://www.profarmer.com/news/ahead-open/ahead-open-corn-soybeans-slide-fresh-lows

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