CBOT Trends-Wheat up 1-3 cents, corn down 3-4, soy down 15-17

Reuters
Nov 04, 2025
CBOT Trends-Wheat up 1-3 cents, corn down 3-4, soy down 15-17

CHICAGO, Nov 4 (Reuters) - Following are U.S. 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 Tuesday.

NOTE: The U.S. government remains shut down, suspending many government reports.

WHEAT - Up 1 to 3 cents per bushel

  • CBOT wheat gained ground, hitting its highest in over three months on reports of China's interest in buying U.S. wheat.

  • CBOT December soft red winter wheat WZ25 was last up 3 cents at $5.46-1/2 per bushel. K.C. December hard red winter wheat KWZ25 was up 1/4 cent at $5.32 a bushel. Minneapolis December wheat MWEZ25 last traded down 1-1/4 cents at$5.57-1/4 per bushel.

CORN - Down 3 to 4 cents per bushel

  • CBOT corn slid, under pressure from the ongoing harvest of what is expected to be the biggest U.S. corn crop in history.

  • The corn harvest is winding down and is projected to be 83% finished, according to a Reuters poll of nine analysts.

  • CBOT December corn CZ25 was last down 4-1/4 cents at $4.30 per bushel.

SOYBEANS - Down 15 to 17 cents per bushel

  • Soybean futures fell on Tuesday, retreating from a 16-month high hit in the previous session, while traders awaited more Chinese purchases of U.S. cargoes following last week's talks and a thaw in trade relations between the two countries.

  • Archer-Daniels-Midland ADM.N cut its 2025 profit forecast for a third straight quarter on Tuesday as U.S. biofuel policy uncertainty and global trade disruptions pressured oilseed crush margin.

  • Hopes of renewed Chinese demand underpinned the U.S. agricultural markets in recent sessions. However, the market is waiting to see China buy millions of tons of U.S. soybeans as announced by U.S. officials.

  • CBOT January soybeans SF26 were last down 17-1/14 cents at$11.17 per bushel.

(Reporting by Heather Schlitz; Editing by Sahal Muhammed)

((Heather.Schlitz@thomsonreuters.com;))

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