AGSIST DAILY · ARCHIVE
Tuesday, November 10, 2026
! Cautious

WASDE prints at 11 CT; Dec corn is at $4.41½ overnight

USDA's WASDE and Crop Production come out at 11:00 a.m. CT today. Dec corn closed Monday at $4.39¼, and the 11:00 a.m. CT USDA report is the first number that can move it. Overnight trade added only 2¼ cents, which is a small move for a report day. That's what a market standing still looks like.

Only on AGSIST

  1. Basis firmed this week: Ohio soybeans +10¢ (45 of 59 bids moved), Ohio corn +10¢ (46 of 54) and Indiana soybeans +10¢ (35 of 41).

    Each state's middle change in a week, across bids matched with the same elevator's same delivery and futures month; states with 30 or more such bids from 8 or more companies.

Counted by code from the elevator boards AGSIST reads itself, not by the writer of this briefing. A week's change is each bid against the same elevator's same delivery and futures month a week before. Quote it with the date and a link to agsist.com/daily/2026-11-10. How this briefing is made · Monthly: AGSIST Cash Bid Index

Week so far: Corn −2 1/4¢ (−0.51%), Soybeans −5 1/2¢ (−0.46%), Wheat −3 1/4¢ (−0.55%)
Month to date: Corn −8 1/2¢ (−1.90%)
Last trades as of 5:45 AM CT Tue, not the settle · change vs Mon settle · Yahoo Finance, delayed
THE NUMBER
31
LNG tankers through Hormuz in October
Kpler data, as Reuters cited it, shows the most LNG traffic through the Strait of Hormuz since February, up from 27 in September.
Grains wait on USDA
  • Dec corn is at $4.41½ and Jan soybeans are at $11.94¼, both up half a percent overnight.
  • Feedstuffs says grain prices faltered Monday ahead of the report, with the question being more soy and less corn.
Overnight moves are guesses until 11 CT.
Hogs bounce, cattle gain
  • Dec hogs settled Monday at $55.875, up 4.4%, and USDA put national cash hogs at $53.91 carcass base.
  • Dec live cattle settled at $216.20, up 1.0%, and Nov feeders added 1.9% to $328.35.
Hogs bounced from a low base, near the bottom of their 52-week.
Crude slips on Iran signal
  • WTI is at $85.68 overnight, down 1.3% from Monday's $86.85 settle.
  • Oilprice reports Brent fell below $90 for the first time since August after Trump signaled no strikes on Iran.
Cheaper crude eases the diesel picture for harvest.
TODAY'S WATCH LIST
  • 11:00 AM CTUSDA WASDE and Crop Production. Graded against the trade survey on agsist.com/usda-calendar.
  • Monday, Nov 16, 3:00 p.m. CTCrop Progress. Corn harvest, 81% done, against the 86% five-year average.
  • OngoingDec corn holding above $4.39¼ would show the report did not shake it.
OUTSIDE THE PITNot moving prices today, but worth knowing.
POLICY
Officials say the tool will check this week's report after data errors eroded farmer and trader trust.
Source: farmpolicynews.illinois.edu
LIVESTOCK
The restart, with a rancher group as partner, adds packer demand for cattle in the region.
Source: Reuters
LOGISTICS
A strike is deferred. A work stoppage could hit meat exports across the West Coast port system.
Source: feedstuffs.com
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CME and ICE overnight quotes, USDA NASS, USDA AMS, Reuters, Oilprice, Feedstuffs · Compiled 5:48 AM CT Tue