December corn closed 1 cent lower at 448 and soybeans ended slightly higher after the November 10 WASDE cut the US corn yield by 1.6 bpa. Soybean oil led the soybean complex on higher crude, while a sharp rise in the US dollar weighed on commodities.
Corn supplies remain comfortable with projected 2026/27 ending stocks of 1.756 billion bushels, which limits rallies despite the yield cut. Strength in soybean oil and meal reflects energy and biofuel demand.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.