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Chicago soybean futures fell on 12 November as profit-taking followed a two-day rally after USDA cut its US corn and soybean supply forecasts. Corn fell for a second session and wheat moved toward multi-month lows as the dollar hit an 18-month high.
USDA also confirmed Chinese purchases of 136,000 metric tons of soybeans.
A stronger dollar makes US grain dearer for foreign buyers, which weighs on export demand and futures prices. Favourable early-season South American weather adds further pressure on prices.
es.marketscreener.comReutersNov 12, 2026Not 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.
