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Soybean and corn futures traded higher in Chicago, with March 2027 soybeans moving back above $12 per bushel amid international demand and technical support. The article reports that U.S. soybean and corn harvests were 92% and 81% complete, respectively, while excessive rain in southern Brazil raised concerns about the quality and yield of the 2026/27 crop; Brent crude fell to about $91 on expectations of an end to the U.S.-Iran war.
Strong demand and weather concerns in southern Brazil lend support to soybeans and corn, while advanced U.S. harvest progress adds available supply. Falling crude prices can reduce energy and biofuel-related support for vegetable oils and grains.
agronews.tv.brVicente DelgadoNov 10, 2026After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% over 20.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 129 past bearish report events, Crude Oil (Brent) moved a median -1.3% over 5 sessions (45% higher; middle half -3.9% to +2.5%), and +0.4% over 20.
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.
