After the Bell | Soybeans back off from early-session highs

Feb. 6, 2026

ProFarmer - After the Bell.jpg
Pro Farmer After the Bell
(Lindsey Pound)

Corn: March corn fell 4 3/4 cents to $4.30 1/4, near the daily low and the week up 2 cents. March corn futures today saw profit-taking pressure from the shorter-term futures traders, after prices Thursday hit a three-week high.

Soybeans: March soybeans rose 3 cents to $11.15 1/4, nearer the daily low and for the week were up 51 cents. March soybean meal rose 40 cents to $303.60, nearer the daily low after hitting a six-week high early on. For the week, March meal was up $10.00. March bean oil fell 32 points to 55.33 cents, nearer the session low after hitting a six-month high early on. For the week, March bean oil was up 182 points. The soybean complex futures saw some profit-taking pressure from the shorter-term futures traders today but the bulls, overall, had a good week.

Wheat: March SRW wheat lost 5 1/2 cents to $5.29 3/4, nearer the daily low and for the week down 8 1/4 cents. March HRW wheat fell 7 1/4 cents to $5.31 1/4, nearer the daily low and on the week down 13 1/2 cents. March spring wheat futures fell 1 3/4 cents to $5.69 3/4, nearer the daily low and for the week down 8 1/2 cents. The winter wheat futures markets sold off today as the corn market posted losses and the soybean market lost its good early gains.

Cotton: March cotton futures fell 70 points to 61.06 cents, nearer the session low, hit a contract low and for the week were down 211 points. The cotton futures market today saw stepped-up technical selling pressure from the speculators amid firmly bearish charts.

Cattle: April live cattle futures rose $1.65 to $237.25, nearer the session low. For the week, April live cattle rose 45 cents. March feeder cattle futures gained $3.35 to $367.425, near the daily low. For the week, January feeders were up $7.15. The live and feeder cattle futures markets came out of the chute strong early today but faded down the stretch.

Hogs: April lean hog futures fell 42 1/2 cents to $97.95, near the session low and for the week up $2.80.The lean hog futures market late this week paused and saw some mild profit taking after April futures hit a contract high on Wednesday.