# CBoT wheat futures drift lower, soybean and corn firm

> Chicago wheat prices fell on Monday as traders weighed the possibility that talks in Abu Dhabi could lead to resumed Russian and Ukrainian Black Sea exports. Soybeans and corn edged higher ahead of Tuesday’s USDA supply and demand estimates. Shipments through the Azov-Black Sea ports had been nearly halted since mid-August after attacks on vessels and terminals.

- Date: 2026-11-09 · published 2026-11-10T00:05:47.761Z
- Category: geopolitics · region Black Sea · magnitude medium
- Page: https://feedsoft.ai/events/90287-cbot-wheat-futures-drift-lower-soybean-and-corn-firm
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A resumption of Black Sea shipments could increase global wheat availability and pressure prices. Any de-escalation that restores export flows would also ease supply risks for importers.

## Read by commodity

- SOY: bearish ▼
- CORN: neutral
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2026-07-27 | [Soybeans and corn fall more than 2% as oil drops, wheat also down \| ZAWYA](https://feedsoft.ai/events/8284-soybeans-and-corn-fall-more-than-2-as-oil-drops-wheat-also-down-zawya.md) | -2.4% | +2.9% |
| WHEAT | 2022-10-11 | [CBOT Wheat Futures Slide Amid Worries Over Black Sea Grain Trade](https://feedsoft.ai/events/5086-cbot-wheat-futures-slide-amid-worries-over-black-sea-grain-trade.md) | +3.1% | +4.3% |
| WHEAT | 2022-02-25 | [Wheat closes 75¢ lower, corn falls 35¢, soybeans plunge 69¢. Friday, February 25, 2022 28.02.2022 - UkrAgroConsult](https://feedsoft.ai/events/8525-wheat-closes-75-lower-corn-falls-35-soybeans-plunge-69-friday-february-25-2022.md) | +9.4% | +23.7% |
| WHEAT | 2026-06-16 | [Corn, Wheat And Soy All See Prices Drop On Prospect Of US-Iran Deal \| ESM Magazine](https://feedsoft.ai/events/18835-corn-wheat-and-soy-all-see-prices-drop-on-prospect-of-us-iran-deal-esm-magazine.md) | -0.9% | -0.7% |
| WHEAT | 2022-11-01 | [Wheat futures tumble after Russia rejoins Black Sea grain corridor deal - Fastmarkets](https://feedsoft.ai/events/7290-wheat-futures-tumble-after-russia-rejoins-black-sea-grain-corridor-deal.md) | +7.3% | +7.7% |
| CORN | 2026-10-01 | [US Harvest Progress Caps Corn Gains as Black Sea Talks Pressure Wheat](https://feedsoft.ai/events/17499-us-harvest-progress-caps-corn-gains-as-black-sea-talks-pressure-wheat.md) | -1.2% | -6.7% |
| CORN | 2026-03-10 | [Wheat Futures Tumble as Export Buyers Rocked by War in Iran -- Daily Grain Highlights \| MarketScreener Hong Kong](https://feedsoft.ai/events/20215-wheat-futures-tumble-as-export-buyers-rocked-by-war-in-iran-daily-grain.md) | +3.2% | +2.8% |
| CORN | 2022-07-14 | [Wheat, soybeans fall on expectations of progress in Ukraine shipping talks - Supply Chain Council of European Union \| Scceu.org](https://feedsoft.ai/events/5976-wheat-soybeans-fall-on-expectations-of-progress-in-ukraine-shipping-talks.md) | -12.5% | -12.4% |

## Sources

- brecorder.com: https://www.brecorder.com/news/40448186
- brecorder.com: https://www.brecorder.com/news/40448186/cbot-wheat-futures-drift-lower-soybean-and-corn-firm

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