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Pro Farmer's weekly newsletter reports that grain and soybean futures entered the week heavily oversold. Soybeans bounced after USDA cut its 2026-27 ending stocks estimate despite raising the national average yield to a record, and corn rallied after a larger-than-expected yield cut before fading below the day's high.
Wheat bounced off eight-month lows as Russia-Ukraine peace talks stalled, cattle futures rebounded after Tyson planned to restart a second shift at its Amarillo beef plant, and lean hogs tried to stabilize after hitting contract lows.
Feed buyers should note that the USDA stocks cut supports soybean and corn values, while a stronger dollar could limit export demand. Hog weakness points to softer demand for feed from the hog sector, and the Tyson restart supports cattle-related feed demand.
profarmer.comPro Farmer EditorsNov 13, 2026Not 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.
