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Chicago wheat futures rose on Thursday as the weaker US dollar improved the competitiveness of US crops in global markets. Corn and soybean futures also gained, while expectations for stronger Black Sea exports kept wheat near four-month lows.
A softer dollar can support export demand for US grain and underpin futures prices. Expectations of greater Black Sea wheat supply limit the upside for wheat.
brecorder.comReutersNov 6, 2026brecorder.comReutersNov 6, 2026After 57 past bullish macro events, Wheat (SRW) moved a median +0.3% over 5 sessions (65% higher; middle half -0.5% to +1.7%), and -0.7% over 20.
After 123 past bullish macro events, Soybeans moved a median +0.3% over 5 sessions (60% higher; middle half -1.0% to +1.8%), and -0.4% over 20.
After 151 past bullish macro events, Corn moved a median +0.2% over 5 sessions (57% higher; middle half -0.9% to +1.4%), and -0.3% over 20.
After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), 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.
