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On 13 November 2026, CBOT wheat futures held near $6 per bushel, close to their lowest since early July, pressured by ample global supply. Corn recovered to about $4.50 per bushel from a three-month low of $4.40 on 9 November, and soybeans also rebounded.
The gains followed USDA's WASDE report, which cut its forecasts for US production and stocks.
A lower USDA US crop outlook supports corn and soybean prices, which raises feed ingredient costs for livestock producers. Wheat remains weighed down by strong global supply and competition from South American exporters, so it stays a cheaper feed alternative.
feed.com.vnThùy Dương (THNov 13, 2026After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
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.
