
Grain and soybean futures fell to fresh lows during the week amid fund liquidation, harvest pressure, and volatility following the US midterm elections. Corn demand has improved, while China’s soybean purchases have slowed as it approaches its 25-million-tonne target; traders are positioning ahead of USDA’s November 10 reports, and recent Plains rains may have benefited winter wheat.
Harvest pressure and slower Chinese buying weigh on near-term demand and prices for corn and soybeans, though stronger corn demand and the end of harvest could ease selling pressure. Plains rainfall may support winter wheat prospects, while weak cash and wholesale fundamentals are bearish for cattle and hogs.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.