# Weekly Futures Market Summary For 11.2.26 - ADM Investor Services

> ADM Investor Services reports soybeans fell $0.75, meal fell $28 and bean oil fell 180 points during October. December meal closed lower in 11 of the last 13 sessions and broke below its 200-day moving average, while Chicago wheat fell $0.70 and Kansas City $0.88 over the month. Cattle futures sold off heavily on Friday amid tech-stock weakness and midterm worries.

- Date: 2026-11-02 · published 2026-11-03T18:36:36.918Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/78288-weekly-futures-market-summary-for-11-2-26-adm-investor-services
- Commodities: [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Weaker South American meal premiums and abundant new-crop US beans are pressuring soybean meal, a key protein input for feed buyers, while fund liquidation adds downside risk. Routine price commentary with no fresh supply shock, so the signal for feed costs is mildly bearish.

## Read by commodity

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

## Sources

- admis.com: https://www.admis.com/wkly-futures-market-summary-for-11-2-26/

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