# Grain Prices Are Stuck in Downtrends as the Next USDA Report Looms

> Corn, soybeans, soybean meal, soybean oil, and SRW and HRW wheat futures posted weekly losses, with several contracts reaching multiweek or multimonth lows. Ahead of Tuesday’s USDA WASDE report, analysts expected slightly lower U.S. corn yield and production but slightly higher soybean yield and production; the U.S. harvest was nearing completion.

- Date: 2026-11-09 · published 2026-11-09T21:05:57.467Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/90123-grain-prices-are-stuck-in-downtrends-as-the-next-usda-report-looms
- 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 report could reset production and stock expectations, while the fading harvest reduces farmer hedge-selling pressure. Recent price action is bearish across the named grain and oilseed contracts, but the report’s expected changes are mixed.

## Read by commodity

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

## Sources

- barchart.com: https://www.barchart.com/story/news/8741011/grain-prices-are-stuck-in-downtrends-as-the-next-usda-report-looms

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