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Wheat rose on an oversold bounce on Nov. 11, while soybeans added to the prior day's rally and corn eased 1 cent.
USDA's sorghum crop estimate fell 37% from 2025, and the Kansas City Fed reported Plains ranchland values up almost 10% with operating loan rates near 7.5%. Drought is ending Missouri River barge support on Nov.
15.
A 37% smaller sorghum crop tightens US feed sorghum supply and supports prices. Early end to barge support raises Missouri River freight costs and can limit grain movement from the Plains and Midwest.
usfarmnews.comUS Farm News StaffNov 12, 2026Not 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.
