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Wheat futures hovered near $6 per bushel, close to their lowest level since early July, as Black Sea tensions were expected to ease though Russia-Ukraine talks made no substantial progress. Ukraine claimed responsibility for a drone attack on Russia's Ust-Luga port, and Algeria reportedly bought about 700,000 tonnes of wheat.
Corn futures rebounded to about $4.50 per bushel after touching a three-month low on November 9, driven by USDA's downward revision to US corn supply.
Ample global wheat output and competitive Southern Hemisphere supplies keep pressure on wheat prices, while the USDA supply cut supports corn and soybean feed costs.
doanhnghiephoinhap.vnTuệ LâmNov 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.
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.
