Wheat market focuses on Black Sea, soybeans on oil prices

Jurphaas Lugtenburg Market Analyst · Arable crops · Published Nov 3, 2026
Crops & Ingredients market insight from DCA Market Intelligence
Wheat and corn edged higher, while soybeans lost ground. The sharp decline in oil prices put soybeans under pressure in particular, according to analysts. In the wheat market, developments in the Black Sea region continue to play a significant role. Meanwhile, the US corn harvest is slightly behind schedule, and the expected rain could further disrupt harvesting.

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