# Silver Drops 2.2% as Grains Slip on Election Day | Nov 3, 2026

> On November 3, Kansas City wheat fell 1.5% and corn 1.3% on harvest pressure, with soybeans and canola also lower. Corn harvest reached 74% nationally versus a 77% average, and a 1.73-million-tonne corn sale to Mexico was announced. Crude oil (WTI) eased to about $96 while natural gas rose 1.4%.

- Date: 2026-11-04 · published 2026-11-04T15:05:37.407Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/79858-silver-drops-2-2-as-grains-slip-on-election-day-nov-3-2026
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Canola Meal](https://feedsoft.ai/c/CANMEAL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Harvest progress keeps new-crop corn and wheat supplies flowing to market, pressuring prices, though the Mexico corn sale provides some export support. Lower crude oil reduces biofuel-linked support for the soy complex.

## Read by commodity

- SOY: bearish ▼
- WTI: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼
- CANMEAL: bearish ▼

## Sources

- dailyboard.ca: https://www.dailyboard.ca/p/silver-drops-2-2-as-grains-slip-on-election-day-nov-3-2026

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