# After the Bell | Soybeans continue price downtrend

> December corn rose slightly to $4.44 1/4 after hitting a four-month low early in the session. January soybeans fell 11 3/4 cents to $12.02 1/4 and hit a 2.5-month low, while December soybean oil dropped to a six-month low as crude oil fell sharply late in the day. Wheat contracts also hit four-month lows before recovering partly.

- Date: 2026-11-04 · published 2026-11-05T00:06:17.299Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/80616-after-the-bell-soybeans-continue-price-downtrend
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Sharp crude oil weakness pulled soybean oil lower, reducing the value of crushing margins and weighing on soybean complex prices. Buyers of soybean meal and feed should note that meal was relatively firmer, so the bearish pressure is concentrated in oil and beans.

## Read by commodity

- SBM: neutral
- SBO: bearish ▼
- SOY: bearish ▼
- WTI: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- profarmer.com: https://www.profarmer.com/news/after-bell/after-bell-soybeans-continue-price-downtrend

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