Loading…
Soybean, corn and wheat futures posted modest gains in overnight Chicago trading on November 5, with a weaker U.S. dollar supporting export competitiveness. Soybeans rebounded from an 11-week low, while the advancing U.S. harvest, weak vegetable-oil markets and expectations for the next USDA supply-and-demand report limited gains; the article also noted an upward revision to U.S. soybean crop estimates and uncertainty over China’s additional U.S. farm purchases.
A weaker dollar can improve U.S. export competitiveness and support grain demand, while larger expected soybean production and uncertain Chinese buying temper that support. The reported price moves were modest, so the near-term implication is limited.
eleconomista.com.mxRedacción El EconomistaNov 6, 2026After 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 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 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.
