# CBOT Market: Soybeans and corn close sharply higher on forecasts for lower-than-expected U.S. production and stocks

> CBOT soybean and corn futures rose on Tuesday after USDA forecasts for U.S. soybean production and ending stocks came in below market expectations, while corn production and stocks were cut more than expected. Soybean futures gained 3.35%, corn rose 2.22%, and wheat advanced 0.81%.

- Date: 2026-11-11 · published 2026-11-11T07:37:31.755Z
- Category: report · region United States · magnitude high
- Page: https://feedsoft.ai/events/93224-cbot-market-soybeans-and-corn-close-sharply-higher-on-forecasts-for-lower-than
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Lower U.S. crop and stock estimates tighten expected supplies, while higher projected soybean demand adds support. The report-driven revisions are bullish for corn and soybeans, with wheat also higher in the session.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2024-09-12 | [Corn Production Pegged Higher, Soybeans Lower](https://feedsoft.ai/events/28253-corn-production-pegged-higher-soybeans-lower.md) | +3.5% | +4.1% |
| SOY | 2023-03-08 | [USDA Crop Production Report Out Today: Lower Soybean Ending Stocks and Higher Corn - Oklahoma Farm Report](https://feedsoft.ai/events/36821-usda-crop-production-report-out-today-lower-soybean-ending-stocks-and-higher.md) | -1.7% | -0.5% |
| SOY | 2025-02-27 | [USDA Forecasts Tighter-Than-Expected Soybean Ending Stocks](https://feedsoft.ai/events/26098-usda-forecasts-tighter-than-expected-soybean-ending-stocks.md) | -2.6% | -2.3% |
| SOY | 2025-04-10 | [USDA Lowers Corn Ending Stocks More Than Expected, Providing Market Support](https://feedsoft.ai/events/25063-usda-lowers-corn-ending-stocks-more-than-expected-providing-market-support.md) | +2.6% | +2.4% |
| SOY | 2022-04-08 | [PF Report Reaction: U.S. corn, wheat ending stocks higher than expected - Pro Farmer](https://feedsoft.ai/events/41798-pf-report-reaction-u-s-corn-wheat-ending-stocks-higher-than-expected-pro-farmer.md) | +2.2% | +0.6% |
| CORN | 2025-04-10 | [USDA Lowers Corn Ending Stocks More Than Expected, Providing Market Support](https://feedsoft.ai/events/25063-usda-lowers-corn-ending-stocks-more-than-expected-providing-market-support.md) | +3.1% | -3.3% |
| CORN | 2023-10-12 | [WASDE Reduces Corn and Soy Production More Than Expected](https://feedsoft.ai/events/33584-wasde-reduces-corn-and-soy-production-more-than-expected.md) | -0.4% | -1.5% |
| CORN | 2020-09-30 | [Corn, soy, wheat surge on lower-than-expected U.S. grain stocks \| Financial Post](https://feedsoft.ai/events/8786-corn-soy-wheat-surge-on-lower-than-expected-u-s-grain-stocks-financial-post.md) | +1.5% | +11.3% |

## Sources

- infoquest.co.th: https://www.infoquest.co.th/2026/677421

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