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CBOT corn hovered near a four-month low and soybeans set a 2-1/2-month low on November 5, 2026, under pressure from large US harvests. Analysts expect USDA's report next week to put corn production at 15.962 billion bushels, below October's 16.034 billion, and soybean output at a record 4.597 billion bushels.
China says it will buy more US farm goods only if the reciprocal tariff-cut agreement is implemented.
Large harvest supplies and expected upward revisions to US output keep corn and soybean prices under pressure, while China's purchase conditions are the main source of export demand upside.
maritimeprofessional.comNov 5, 2026Not 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.
