# CBOT Commodity Market: Corn and Soybeans Close Lower as Concerns About High U.S. Production Weigh on Prices

> CBOT corn and soybean futures fell on Thursday, with corn near a four-month low and soybeans at a two-and-a-half-month low, amid expectations for large U.S. crops. Analysts expect USDA to trim its corn estimate slightly but still show the second-largest crop on record, and raise its soybean estimate to a record; StoneX also increased its U.S. crop forecasts.

- Date: 2026-11-06 · published 2026-11-06T01:37:25.127Z
- Category: report · region United States · magnitude medium
- Page: https://feedsoft.ai/events/83106-cbot-commodity-market-corn-and-soybeans-close-lower-as-concerns-about-high-u-s
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Large expected U.S. supplies raise prospective availability and weigh on corn and soybean prices, with the market awaiting updated USDA estimates.

## Read by commodity

- SOY: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2024-09-12 | [Corn Production Pegged Higher, Soybeans Lower](https://feedsoft.ai/events/28253-corn-production-pegged-higher-soybeans-lower.md) | +4.9% | +5.1% |
| CORN | 2016-11-09 | [Corn, soybean markets drop after USDA hikes production](https://feedsoft.ai/events/73821-corn-soybean-markets-drop-after-usda-hikes-production.md) | -6.6% | -4.5% |
| CORN | 2025-11-14 | [USDA Lowers Corn and Soybean Production Estimates](https://feedsoft.ai/events/21885-usda-lowers-corn-and-soybean-production-estimates.md) | -0.8% | -0.3% |
| CORN | 2023-03-08 | [USDA Crop Production Report Out Today: Lower Soybean Ending Stocks and Higher Corn - Oklahoma Farm Report](https://feedsoft.ai/events/36821-usda-crop-production-report-out-today-lower-soybean-ending-stocks-and-higher.md) | -1.6% | -0.6% |
| CORN | 2025-09-12 | [USDA Ups Corn and Soybean Production Estimates](https://feedsoft.ai/events/22795-usda-ups-corn-and-soybean-production-estimates.md) | +5.1% | +3.6% |
| SOY | 2016-11-09 | [Corn, soybean markets drop after USDA hikes production](https://feedsoft.ai/events/73821-corn-soybean-markets-drop-after-usda-hikes-production.md) | -1.6% | +2.5% |
| SOY | 2024-08-13 | [USDA forecasts record US soybean production and higher stocks, above market estimates - Fastmarkets](https://feedsoft.ai/events/10464-usda-forecasts-record-us-soybean-production-and-higher-stocks-above-market.md) | -5.5% | -3.4% |
| SOY | 2025-09-12 | [USDA Ups Corn and Soybean Production Estimates](https://feedsoft.ai/events/22795-usda-ups-corn-and-soybean-production-estimates.md) | +2.2% | +0.7% |

## Sources

- infoquest.co.th: https://www.infoquest.co.th/2026/675005

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