# Soybeans and Wheat Retreat on Chicago Board of Trade, While Corn Edges Higher

> 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.

- Date: 2026-11-04 · published 2026-11-05T01:35:27.794Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/80929-soybeans-and-wheat-retreat-on-chicago-board-of-trade-while-corn-edges-higher
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

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.

## Read by commodity

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

## Sources

- cnnbrasil.com.br: https://www.cnnbrasil.com.br/agro/soja-e-trigo-recuam-na-bolsa-de-chicago-enquanto-milho-registra-leve-alta/

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