# First Thing Today | Corn, soybeans tick higher ahead of this week's USDA reports

> Grain futures were mixed early Monday, with corn and soybeans higher, soybean meal and both wheat contracts lower, and soybean oil higher. Traders were focused on Tuesday’s USDA reports, while the article also noted China’s announcement that its trade truce with the United States would effectively run through January 10.

- Date: 2026-11-09 · published 2026-11-09T15:05:45.552Z
- Category: market · region United States · magnitude low
- Page: https://feedsoft.ai/events/89610-first-thing-today-corn-soybeans-tick-higher-ahead-of-this-week-s-usda-reports
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Soybean Oil](https://feedsoft.ai/c/SBO.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Wheat (HRW)](https://feedsoft.ai/c/KWHEAT.md)

## Why it matters

The USDA estimates may alter expectations for U.S. crop size and stocks, while an extended trade truce could support agricultural trade flows by delaying additional trade barriers. The mixed futures moves offer no clear broad direction for feed costs.

## Read by commodity

- SBM: bearish ▼
- SBO: bullish ▲
- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bearish ▼
- KWHEAT: bearish ▼

## Sources

- profarmer.com: https://www.profarmer.com/news/first-thing-today/first-thing-today-corn-soybeans-tick-higher-ahead-weeks-usda-reports

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.