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Wheat recovered from a four-month low on Thursday as grains rallied, with soybeans up 1% and oats up 2.7% on extended gains from the WASDE report. Corn and canola also firmed, while natural gas fell 3.3% and crude eased on an OPEC supply outlook.
Continued WASDE-driven strength supports grain prices and feed costs for buyers. The rebound in wheat from a multi-month low suggests some near-term support, though the move is a routine daily price update.
dailyboard.caTrent KlarenbachNov 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.
