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Chicago wheat and corn started the session lower but recovered, finishing roughly flat for wheat and slightly higher for corn. December wheat settled at $5.985/bu and corn at $4.4425/bu after touching support levels not seen since early July.
Private estimates project Brazil's 2026/27 corn exports at 38 million tonnes and output at 141 million tonnes.
Lower oil prices weigh on soybean complex sentiment through biofuel and crush margins, while Black Sea uncertainty and a softer dollar are attracting opportunistic buying. Brazil's larger corn export outlook adds to global feed grain supply, keeping downward pressure on prices.
agrositio.com.arEsteban MoscarielloNov 5, 2026Not 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.
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.
