Eddyville

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Market Commentary 10/27/2026     

Today marks another lackluster day for corn and soybeans as harvest rages on. Farmers are in a hurry to get the crops harvested and field work complete before the calendar gets too far ahead of them. Soybeans tried to rally in the morning but faced stark rejection at previous uptrend support turned resistance. Looking at Jan 27 beans, the next trendline support is around $12, so selling could continue unless we get some positive news. Dec corn failed to hold onto 4.50 today. The next support range will be June lows around 4.25, hopefully it can hold. Soybean spreads jumped around today as November price or roll deadline is fast approaching. There is some moisture in the forecast for Iowa this week. Have a good and safe evening!