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Corn, soybeans and wheat spiked to fresh lows overnight but recovered most losses by the morning of November 4. Funds remain net sellers, with soybeans down seven straight sessions.
USDA reported a sale of 167,000 MT of soybeans to Spain for 2026-27 delivery.
Persistent fund selling and a seven-session soybean slide weigh on near-term prices, while the Spain sale provides modest export demand support. Lower crude and a weaker dollar are also in play for the complex.
profarmer.comLane AkreNov 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.
