Loading…
Corn and soybean futures were mixed early Friday, while wheat contracts declined. The report linked Thursday’s grain weakness to a sharp equity-market selloff that prompted risk reduction and likely speculative liquidations, as traders positioned ahead of next week’s USDA crop and supply-and-demand updates; falling crude prices also weighed particularly on soybeans and vegetable oils.
Risk-off liquidation and lower energy prices can pressure grain and oilseed prices, while expected changes to USDA yield estimates are an additional source of uncertainty. The article describes mixed-to-lower market pressure rather than a clear new supply shock.
profarmer.comBill WattsNov 6, 2026After 301 past bearish macro events, Corn moved a median -0.1% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +0.2% over 20.
After 273 past bearish macro events, Soybeans moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.4%), and -0.5% over 20.
After 73 past neutral macro events, Soybean Meal moved a median -0.3% over 5 sessions (44% higher; middle half -1.9% to +2.1%), and -1.6% over 20.
After 40 past bearish macro events, Soybean Oil moved a median -0.8% over 5 sessions (45% higher; middle half -4.5% to +1.7%), and -1.5% 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.
