11/04/25 Soybean Buyers Pause to Catch Their Breath

11/04/2025 Click Above to Watch the Morning Market Talk Video Soybean Buyers Pause to Catch Their Breath On the Grains Soybeans pulled back from their recent surge overnight, as there were no new private reports of Chinese purchases of U.S. soybeans. Corn also weakened, while the wheat markets traded mostly higher, led by SRW contracts.StoneX Raises Corn Crop Estimate, Lowers Soybean Forecast StoneX forecasts corn production at 16.748 billion bu. on a yield of 186 bu. per acre. Those are up modestly from the firm’s estimates of 16.737 billion bu. and 185.9 bu. per acre in October.For soybeans, StoneX estimates production at 4.303 billion bu. on a yield of 53.6 bu. per acre. Those are down slightly from the firm’s estimates of 4.326 billion bu. and 53.9 bu. per acre in October. Due to the government shutdown, USDA did not release October crop estimates. In September, USDA estimated the corn crop at 16.814 billion bu. on a yield of 186.7 bu. per acre. It estimated the soybean crop at 4.301 billion bu. on a yield of 53.5 bu. per acre. Other private crop forecasts are scheduled to be released this week. Even if the government doesn’t reopen by then, USDA…