11/10/26 Grains Just Need No Bearish Surprise to Start Price Recovery

11/10/2026 Click Above to Watch the Morning Market Talk Video Grains Just Need No Bearish Surprise to Start Price Recovery On the Grains: Corn, soybeans and the winter wheat markets traded higher on light corrective buying overnight as traders await USDA’s November crop reports at 11 a.m. CT. After last month’s shocking jump in corn yield and production estimates, there’s some trepidation ahead of the reports. But after two-plus months of heavy fund selling and price pressure, anything shy of a bearish surprise in the data could be all that’s needed for corn and soybeans to secure seasonal lows and start a price recovery. Traders are also monitoring the peace talks in Abu Dhabi between the U.S., Russia and Ukraine. As the first peace talks got underway, Russia attacked energy infrastructure in eight Ukrainian regions, raising concerns about Moscow’s commitment and sincerity to the peace talks. Following are pre-report expectations from a Reuters survey of analysts. Note: There continues to be a huge range of nearly 10 bu. for corn yield. If you throw out the two outliers, the range tightens to 2 bu. and the average estimate would increase to 180.6 bu. per acre, which is the median estimate….