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CBOT corn fell 6 cents to $4.4225/bushel on November 3, its lowest since July 2, while soybeans fell to $12.1275, their lowest since August 17. Traders cited a large US harvest, USDA forecasts of record soybean output, and export sales that fell short of expectations.
Wheat also declined as markets watched planned Russia-Ukraine-US peace talks in Abu Dhabi on November 10-11.
Heavy US supply and slow export sales weigh on corn and soybean prices, and Brazil's competition limits US soybean demand outside China. Peace-talk hopes add pressure on wheat.
bnews.vnNov 4, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
