Loading…
CBOT grains fell on November 12, with January soybeans down 0.89% at $12.19 per bushel, December corn down 1.45% at $4.425, December wheat down 3% at $5.842, and December soybean meal down 1.37% at $325.40 per short ton. The rally that followed the USDA report lasted only two days before profit-taking set in.
A stronger US dollar, which rose to its highest level in about a year and a half after hawkish repricing of Fed rate expectations, weighed on the contracts.
A stronger dollar makes US grains more expensive for overseas buyers and cuts export demand, with corn most exposed because its exports are already weak. The pressure is milder for soybeans, whose exports remain strong, so the price outlook for the complex is mixed.
fxbus.comNov 13, 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.
