# First Thing Today | Corn, soybeans give back some post-USDA gains

> Corn, soybean, soybean meal and wheat futures traded lower overnight as markets consolidated after Tuesday’s USDA report-driven rally; soybean oil was higher. The U.S. dollar strengthened after hotter-than-expected inflation data, while a drone attack set a Russian Baltic port ablaze and briefly supported wheat.

- Date: 2026-11-11 · published 2026-11-11T15:05:36.391Z
- Category: market · region United States · magnitude low
- Page: https://feedsoft.ai/events/93653-first-thing-today-corn-soybeans-give-back-some-post-usda-gains
- 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), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Profit-taking and a stronger dollar weighed on grain prices after the USDA-fueled gains, while the port attack offered only brief support to wheat. The price moves described are modest and largely reflect consolidation.

## Read by commodity

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

## Sources

- profarmer.com: https://www.profarmer.com/news/first-thing-today/first-thing-today-corn-soybeans-give-back-some-post-usda-gains

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