# CBOT Agricultural Commodities Analysis: USDA gains ended after two days, wheat fell to a nine-month low, and soybean rebound stalled at the 20-day moving average.

> 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.

- Date: 2026-11-13 · published 2026-11-13T03:15:53.188Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/97101-cbot-agricultural-commodities-analysis-usda-gains-ended-after-two-days-wheat
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

- SBM: bearish ▼
- SOY: bearish ▼
- CORN: bearish ▼
- WHEAT: bearish ▼

## Sources

- fxbus.com: https://www.fxbus.com/en/news/20261113090640319280.html

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