Your Pro Farmer newsletter (November 7, 2026) is now available

Fund liquidation, harvest pressure and midterm election results sweep Congress in midterms. that sparked a plunge in crude oil prices and teeth-rattling stock-market volatility combined to pressure grain and soy complex futures to another round of lows this week. Demand for corn has picked up, while China’s soybean purchases have slowed as it nears its 25 million metric ton target for 2026. Hedge pressure on corn and beans should soon wane with harvest in the home stretch. Traders were also positioning ahead of USDA’s Nov. 10 production and supply-and demand reports. Welcome rains in the Plains likely benefited the winter wheat crop. Weak cash trade and spillover from a stock market rout sent cattle futures lower this week. Lean hogs set a string of contract lows, dogged by persistently weak cash and wholesale fundamentals. We cover all of this and more in this week’s newsletter.