Soybean and Corn futures fell as export demand lagged.

In this comprehensive grain market update, Virginia McGathey of McGathey Commodities breaks down the diverging paths for soybean, corn, and wheat markets. Soybean futures finished lower following disappointing export inspections that fell below expectations, prompting heavy selling that pushed the November contract down to 1135'0. Corn futures also faced notable headwinds, sliding close to fresh contract lows under the weight of ideal crop weather and a stronger U.S. dollar. Conversely, Wheat futures broke away from the grain complex sell-off, rallying on severe winter crop concerns as drought and freeze damage drove the harvest to its earliest recorded pace.