# Feed Ingredients Diverge: Price Pressure Could Build

> Global feed ingredient prices moved in different directions on November 12, with wheat staying near its lowest level since early July below $6 per bushel. Corn and soybeans recovered after USDA revisions pointed to tighter US supplies.

- Date: 2026-11-12 · published 2026-11-13T00:07:28.959Z
- Category: report · region Global · magnitude medium
- Page: https://feedsoft.ai/events/96586-feed-ingredients-diverge-price-pressure-could-build
- Commodities: [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Lower wheat prices ease feed costs for Vietnamese livestock producers, while the corn and soybean rebound raises input costs for compound feed makers. The USDA revisions and Russia-Ukraine talks are the main drivers to watch.

## Read by commodity

- SOY: bullish ▲
- CORN: bullish ▲
- WHEAT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WHEAT | 2023-01-30 | [Wheat: Too Many Upward Price Pressure \| Investing.com](https://feedsoft.ai/events/37832-wheat-too-many-upward-price-pressure-investing-com.md) | +3.4% | +1.2% |
| WHEAT | 2024-02-25 | [Wheat, feed grains and oilseeds prices under pressure as global supply builds \| Queensland Country Life \| QLD](https://feedsoft.ai/events/8028-wheat-feed-grains-and-oilseeds-prices-under-pressure-as-global-supply-builds.md) | -4.4% | -4.2% |
| WHEAT | 2024-04-16 | [USDA predicts lower crop prices for key commodities in 2024 \| Agriculture Dive](https://feedsoft.ai/events/30684-usda-predicts-lower-crop-prices-for-key-commodities-in-2024-agriculture-dive.md) | -0.6% | +2.0% |
| WHEAT | 2025-01-03 | [Wheat Feeling Pressure Heading into the Weekend - IBest Media](https://feedsoft.ai/events/11505-wheat-feeling-pressure-heading-into-the-weekend-ibest-media.md) | -1.9% | +2.0% |
| WHEAT | 2022-07-05 | [Grain prices plunge, as Canada data add to pressure from market mayhem - Grain Price News](https://feedsoft.ai/events/5056-grain-prices-plunge-as-canada-data-add-to-pressure-from-market-mayhem-grain.md) | -5.0% | -4.3% |
| CORN | 2022-11-01 | [Feed ingredient availability low, keeping prices high \| Feed Strategy](https://feedsoft.ai/events/38736-feed-ingredient-availability-low-keeping-prices-high-feed-strategy.md) | +0.0% | -2.8% |
| CORN | 2017-07-26 | [Feedlot profits drive large placements \| Capital Press](https://feedsoft.ai/events/70103-feedlot-profits-drive-large-placements-capital-press.md) | -1.0% | -5.5% |
| CORN | 2020-12-11 | [Chinese demand feeds feed price increases](https://feedsoft.ai/events/49769-chinese-demand-feeds-feed-price-increases.md) | +1.9% | +11.2% |

## Sources

- feed.com.vn: https://feed.com.vn/nguyen-lieu-tacn-phan-hoa-ap-luc-gia-co-the-gia-tang-d6396.html

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