
On November 4, January soybean futures in Chicago fell 0.96% to $12.02 per bushel, pressured by the US harvest and expectations that USDA will raise its yield estimate. December corn rose 0.39% to $4.44 per bushel after recent declines, with some traders buying back contracts.
Wheat also fell.
Heavy US supply and expectations of a higher USDA yield keep soybean prices under pressure, while a weaker real improves Brazilian export competitiveness. Corn's modest gain reflects short covering rather than a new supply shift.
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.