CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 80.96% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Open platformOpen platform

CBOT Trends-Wheat steady-up 1 cent, corn up 1-2, soy down 2-4

By Reuters News

CHICAGO, Nov 2 (Reuters) - The following are expectations for the resumption of grain and soy complex trading at the Chicago Board of Trade at 8:30 a.m. CDT (1330 GMT) on Monday.

WHEAT - Steady to up 1 cent per bushel

  • CBOT wheat rose on Monday after falling to around four-month lows last week, as continued attacks by Russia and Ukraine eroded expectations of a new deal to revive Russian Black Sea shipborne wheat exports.

  • Russian and Ukrainian wheat shipments through ports in the Azov-Black Sea region have been at a virtual standstill since August after attacks on vessels and ports.

  • Reports last week that Russia had issued permits for vessels carrying grain to leave the Sea of Azov for the first time since July raised hopes some arrangement was in the pipeline to resume Russian and Ukrainian shipborne exports.

  • Russian wheat export prices fell last week, following the global trend, amid reports of a likely resumption of ships leaving the Sea of Azov, as well as a bumper harvest in the Southern Hemisphere, analysts say.

  • CBOT December soft red winter wheat was 1 cent higher to $6.04-1/2 per bushel. K.C. December hard red winter wheat was last 3-1/2 cents higher to $6.47-3/4 per bushel, and Minneapolis December spring wheat was last 1/4 cent higher to $6.26-1/4 per bushel.

CORN - Up 1 to 2 cents per bushel

  • CBOT corn rose on bargain buying.

  • US exporters sold 1,729,740 metric tons of corn to Mexico, the US Department of Agriculture reported on Monday.

  • Rains in the US Midwest have stalled harvesting.

  • CBOT December corn was last 1-1/4 cents higher to $4.49 per bushel.

SOYBEANS - Down 2 to 4 cents per bushel

  • CBOT soybeans fell on harvest pressure.

  • Brazilian farmers had planted 53% of the projected area of their 2026/27 soybean crop as of last Thursday, agribusiness consultancy AgRural said on Monday, up from 40% a week earlier and above the 47% at the same time last year.

  • US exporters sold 136,000 metric tons of soybeans to China for 2026/2027 delivery, the USDA reported.

  • CBOT January soybeans were last 4-1/4 cents lower to $12.30 per bushel.

Capital.com is an execution-only brokerage platform and the content provided on the Capital.com website is intended for informational purposes only and should not be regarded as an offer to sell or a solicitation of an offer to buy the products or securities to which it applies. No representation or warranty is given as to the accuracy or completeness of the information provided.

The information provided does not constitute investment advice nor take into account the individual financial circumstances or objectives of any investor. Any information that may be provided relating to past performance is not a reliable indicator of future results or performance.

To the extent permitted by law, in no event shall Capital.com (or any affiliate or employee) have any liability for any loss arising from the use of the information provided. Any person acting on the information does so entirely at their own risk.

Any information which could be construed as “investment research” has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such is considered to be a marketing communication.