Loading…
Corn and soybean futures traded in a narrow range overnight, while wheat fell and nearby SRW moved below $6 per bushel. USDA reported sales of 136,000 tonnes of soybeans to China and 101,000 tonnes of corn to unknown destinations for 2026/27; the article also noted Democrats’ efforts to challenge tariffs on Canadian goods.
The reported export sales provide demand support for U.S. soybeans and corn, although the amounts are not large enough to establish a major price shift. Potential changes to U.S.-Canada tariffs could affect trade flows, but the legislative outcome remains uncertain.
profarmer.comSpencer LangfordNov 6, 2026After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% over 20.
After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
After 375 past bearish trade events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -2.0% to +1.1%), and -0.1% 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.
