# Ahead of the Open | Grains spike to fresh lows, recover - Pro Farmer

> 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.

- Date: 2026-11-04 · published 2026-11-04T15:05:37.290Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/79857-ahead-of-the-open-grains-spike-to-fresh-lows-recover-pro-farmer
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

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.

## Read by commodity

- SOY: bearish ▼
- CORN: neutral
- WHEAT: neutral

## Sources

- profarmer.com: https://www.profarmer.com/news/ahead-open/ahead-open-grains-spike-fresh-lows-recover

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