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Corn was flat to slightly lower, with USDA reporting net corn sales of 1.295 MMT and Turkey's TMO tendering for 295,000 MT of feed corn. Soybeans paused their selloff near the 200-day moving average, while China said it will buy more US farm goods only if the reciprocal tariff-cut agreement is implemented.
China's purchases hinge on tariff concessions, so US soybean demand from China remains uncertain and supports prices only partially. The Turkish feed corn tender adds modest import demand.
profarmer.comPro Farmer EditorsNov 5, 2026After 250 past neutral trade events, Soybeans moved a median +0.0% over 5 sessions (50% higher; middle half -1.4% to +1.6%), and -0.2% over 20.
After 480 past neutral trade events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 224 past neutral trade events, Soybean Meal moved a median -0.2% over 5 sessions (43% higher; middle half -1.7% to +1.2%), and -0.2% over 20.
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.
