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Corn traded higher at midday, with December up 5 cents, after USDA confirmed export sales of about 303,300 MT to Mexico. Soybeans rose sharply after overnight reports that China was encouraging the US to reduce tariffs, with January up 15-3/4 cents.
Soybean export commitments stood at 1.153 billion bushels, up 78% from a year earlier.
Possible tariff easing with China would open a large purchase channel for US soybeans, supporting soybean and soymeal prices. Corn is held back by tariff threats against Mexico, a key buyer.
totalfarmmarketing.comLauren VandenLangenbergNov 13, 2026After 696 past bullish trade events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.3% to +1.9%), and +0.7% 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.
