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Funds deepened their selling across major agricultural markets, leaving corn net sold for the first time since June and increasing pressure on soybeans and soybean meal. Traders were awaiting the USDA’s November 10 report on U.S. production and stocks, while monitoring South American weather and demand; forecasts called for rain in central and northern Brazil and drier conditions in Argentina.
Fund selling can add near-term downside pressure, while the upcoming USDA estimates could shift expectations for U.S. supplies. Weather differences across Brazil and Argentina add uncertainty to prospective South American crop supply.
agrositio.com.arEsteban MoscarielloNov 8, 2026Not 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.
