# November 2026, the Process of Bottom Formation

> USDA cut its national corn yield forecast on Nov 10, and its 2026/27 corn export forecast was lowered to 83.19 million tonnes. Soybean yield forecasts were raised. A Japanese trading analyst treats the Oct 27 CBOT corn price as a base and expects a bottom to form in November, with Dec corn at about $4.49 on Nov 10.

- Date: 2026-11-10 · published 2026-11-12T01:37:26.198Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/94690-november-2026-the-process-of-bottom-formation
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

The yield cut supports corn prices, but weaker export demand limits the rally. Traders are watching whether the December contract's delivery period brings a bottom, which would matter for feed corn costs.

## Read by commodity

- SOY: neutral
- CORN: neutral

## Sources

- shikyo.officialblog.jp: https://shikyo.officialblog.jp/archives/17961384.html

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