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Soybean futures slid 17.50 cents, or 1.42%, to $12.1675 a bushel, extending a decline of about 9% from last month's three-year high. Corn gained 0.11% to $4.4825 after dipping to a four-month intraday low, while wheat rose 0.50% to $6.0650.
Harvest progress is adding supply to the market, and the soybean slide reflects weak near-term demand expectations, pointing to bearish soybean prices.
adalytica.comNov 4, 2026After 363 past bearish weather events, Soybeans moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% over 20.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.
After 224 past neutral weather events, Wheat (SRW) moved a median -0.1% over 5 sessions (46% higher; middle half -1.4% to +1.5%), and +0.4% over 20.
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.
