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Corn and soybean futures fell in Monday trading ahead of Tuesday’s USDA WASDE update, while wheat was mixed. Traders were positioning ahead of the report and tracking harvest progress, South American planting, and demand; Mexico also purchased 110,000 tonnes of U.S. corn for 2026/27, the second consecutive business day of announced U.S. corn sales to the country.
Pre-report positioning and expectations of a lower U.S. corn crop could support corn prices, while fund selling weighed on corn and soybeans. The Mexican purchase adds demand support for U.S. corn, though the broader price impact will depend on the WASDE figures.
brownfieldagnews.comJohn PerkinsNov 9, 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.
