Loading…
Corn, soybeans and wheat futures traded higher overnight, with soybeans pushing up in the closing hour. Pro Farmer reported that some analysts tied Wednesday's soybean weakness to worries that Beijing may not keep its pledge to buy 25 million metric tons of US beans a year.
IKAR also cut its 2026-27 Russian wheat export forecast to 39.5 million tons from 42 million.
Doubts about Chinese purchases weigh on US soybean demand, while the smaller Russian export forecast tightens wheat supply and supports prices. Feed buyers should watch whether Chinese buying meets the commitment.
profarmer.comSpencer LangfordNov 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.
