# Market Snapshot | Grains face pressure as dollar extends to fresh near-term highs - Pro Farmer

> Corn futures were 4 to 5 cents lower midday on November 12, with soybeans 11 to 12 cents lower and soymeal about $3.30 lower. Turkey's TMO provisionally bought about 295,000 MT of feed corn in an international tender. USDA also reported daily sales of 136,000 MT of soybeans to China for 2026/27.

- Date: 2026-11-12 · published 2026-11-13T03:05:20.366Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/96989-market-snapshot-grains-face-pressure-as-dollar-extends-to-fresh-near-term-highs
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Chinese purchases support soybean demand, but a firmer dollar and technical resistance are weighing on prices. The Turkish feed corn tender is a modest export demand signal for corn.

## Read by commodity

- DXY: bullish ▲
- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼

## Sources

- profarmer.com: https://www.profarmer.com/pro-farmer-max/market-snapshot/market-snapshot-grains-face-pressure-dollar-extends-fresh-near-term-highs

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