# CBOT Wheat Moves Sideways After Bottoming

> CBOT wheat futures traded sideways after hitting a four-month low, with December soft red winter wheat up 1.25 cents at $6.01 a bushel. The dollar's weakness after the US midterms gave support, while expectations of easing Ukraine and Iran war disruptions weighed. Soybean futures were expected to open 6 to 9 cents lower as harvest pressure continued.

- Date: 2026-11-04 · published 2026-11-05T13:37:25.201Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/81863-cbot-wheat-moves-sideways-after-bottoming
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Wheat is holding near multi-month lows, so feed grain costs are stable. Soybean harvest pressure and softer dollar-linked prices point to near-term downside for oilseed-based feed inputs.

## Read by commodity

- SOY: bearish ▼
- WHEAT: neutral
- KWHEAT: neutral

## Sources

- emtiadefteri.com: https://www.emtiadefteri.com/emtia-flash-ghost-71830b965da65ebf865d98a6/

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