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U.S. grain futures opened lower on November 3, with December corn hitting a four-month low at $4.45 per bushel despite a USDA-announced private sale of 1.73 million tonnes to Mexico. Corn export inspections remain 48% below last year, soybean meal and crush margins fell to nine-month lows, and wheat declined across classes amid record-low weekly export inspections and active Russian exports.
Weak US export inspections and falling meal prices point to ample feed supply and lower feed ingredient costs for buyers, while a stronger dollar limits any recovery.
insights.tridge.comNov 3, 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.
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.
