11/17/25 Grains Bounce, But Still Awaiting Chinese Soybean Buys

11/17/2025 Click Above to Watch the Morning Market Talk Video Grains Bounce, But Still Awaiting Chinese Soybean Buys On the Grains Soybeans led an overnight price recovery from last Friday’s losses. After gapping lower, January soybeans rebounded and are more than 20 cents off their overnight lows early this morning. Corn and wheat followed similar paths with milder price movements overnight.Traders won’t get another corn and soybean crop forecast until the final estimate in January. With USDA’s November crop reports out of the way, market focus will shift back to demand, especially from China, and South America’s growing season. U.S. soybeans for spot delivery out of the Gulf remain priced above Brazilian cargoes, especially when considering the extra 10% tariff American shipments face. President Trump said he talked with Chinese leaders about buying U.S. soybeans, noting: Beijing will buy a lot of’ soybean and other U.S. goods before spring. Brazilian Rains Remain Irregular, Though Weather Mostly Favorable Forecasts call for scattered showers across southern and central Brazil early this week, with a drier pattern likely to develop in the south around midweek. Conditions are considered mostly favorable, though some east-central and northeastern areas remain too dry. Temperatures are expected to…