# Walsh Daily Bullet Points 11/10

> Corn, wheat and soybean futures edged higher overnight after settling near four-month lows, while soybean meal rose and soybean oil declined. Ahead of the USDA Crop Production and WASDE reports, analysts widely expected a corn yield cut but a higher soybean yield; corn harvest was 81% complete, below expectations and the five-year average, while winter wheat conditions improved to 49% good to excellent. The update also noted progress in Russia-Ukraine talks and India’s offer to help establish Black Sea grain export corridors.

- Date: 2026-11-10 · published 2026-11-10T15:05:56.464Z
- Category: report · region United States · magnitude medium
- Page: https://feedsoft.ai/events/91872-walsh-daily-bullet-points-11-10
- 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 expected USDA yield revisions and harvest progress could shift near-term supply expectations, with a corn yield cut potentially supporting corn while a higher soybean yield could weigh on soybeans. Improved winter wheat conditions add a bearish supply signal for wheat, though the report and Black Sea developments leave prices sensitive to fresh information.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2022-10-18 | [WASDE Recap: Corn and Soybeans at a Turning Point - farmdoc daily](https://feedsoft.ai/events/14896-wasde-recap-corn-and-soybeans-at-a-turning-point-farmdoc-daily.md) | -0.9% | -2.3% |
| CORN | 2023-10-12 | [Soybeans jump higher on bullish WASDE data](https://feedsoft.ai/events/33589-soybeans-jump-higher-on-bullish-wasde-data.md) | -0.4% | -1.5% |
| CORN | 2024-07-14 | [Daily Market Wire 15 July 2024 - Grain Central](https://feedsoft.ai/events/29204-daily-market-wire-15-july-2024-grain-central.md) | -1.5% | -2.1% |
| CORN | 2020-06-12 | [Daily Market Wire 12 June 2020 - Grain Central](https://feedsoft.ai/events/4927-daily-market-wire-12-june-2020-grain-central.md) | +0.2% | +1.6% |
| CORN | 2020-10-01 | [Daily Market Wire 1 October 2020 - Grain Central](https://feedsoft.ai/events/50597-daily-market-wire-1-october-2020-grain-central.md) | -0.3% | +6.4% |
| SOY | 2021-10-12 | [WASDE Report Prints Bearish Soybean Data, Sends Market Reeling](https://feedsoft.ai/events/44486-wasde-report-prints-bearish-soybean-data-sends-market-reeling.md) | -0.5% | -4.1% |
| SOY | 2019-05-12 | [Daily Market Wire 13 May 2019 - Grain Central](https://feedsoft.ai/events/5739-daily-market-wire-13-may-2019-grain-central.md) | +3.1% | +7.7% |
| SOY | 2017-02-10 | [Daily Grain Report](https://feedsoft.ai/events/72451-daily-grain-report.md) | -0.6% | -5.2% |

## Sources

- barchart.com: https://www.barchart.com/story/news/8758411/walsh-daily-bullet-points-11-10

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