Grains Report 11/04/2026

DJ CBOT Delivery Intentions: Totals – Nov 4
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
ROUGH RICE November Nov 05, 2026 89 Nov 03, 2026

U.S. Sep Soymeal, Vegetable Oils/Oilseed Imports-Nov 4
In kilograms from the U.S. Commerce Department, converted to pounds
by Dow Jones.
—-Sep 2026—- —-Aug 2026—-
kilograms pounds kilograms pounds
coconut oil 54,460,280 120,084,917 35,407,332 78,073,167
palm kernel oil 32,511,945 71,688,839 29,144,689 64,264,039
palm oil 180,453,098 397,899,081 171,856,038 378,942,564
soybean 34,988,611 77,149,887 31,018,855 68,396,575
soymeal 556,392 1,226,844 240,635 530,600
soyoil 34,024,588 75,024,217 35,578,514 78,450,623
rapeseed oil
edible 214,679,687 473,368,710 280,223,028 617,891,777
rapeseed oil,
inedible 0 0 0 0

DJ U.S. September Grain Imports-Nov 4
In kilograms, from the U.S. Commerce Department, converted to
pounds by Dow Jones.
—-Sep 2026—- —-Aug 2026—-
kilograms pounds kilograms pounds
durum wheat 36,012,729 79,408,067 16,012,214 35,306,932
spring wheat 11,632,410 25,649,464 600,622 1,324,372
winter wheat 1,256,088 2,769,674 1,780,239 3,925,427
wheat/meslin 110,069,744 242,703,786 222,908,873 491,514,065
TOTAL WHEAT 158,970,971 350,530,991 241,301,948 532,070,795
barley 10,977,622 24,205,657 9,555,148 21,069,101
oats 129,122,270 284,714,605 121,628,874 268,191,667
corn 42,676,870 94,102,498 80,923,439 178,436,183
other corn 2,484,695 5,478,752 1,609,758 3,549,516
TOTAL CORN 45,161,565 99,581,251 56,354,764 124,262,255

DJ U.S. September Oilseed, Meal, Oils/Fats Exports-Nov 4
In kilograms (top). Oils in pounds, soybeans in bushels, meal and hulls in
short tons (bottom). Source: U.S. Department of Commerce.
(*)NOTE: Year ago figures reflect data reported at that time.
Data includes Exports and Re-Exports.
——- In Kilograms ——-
Sep 26 Aug 26 Jul 26 Sep 25
soybeans 3,655,557,090 1,464,751,097 1,890,950,773 2,855,965,214
soyoil 15,011,699 10,954,788 9,826,604 17,777,264
crude 204,250 160,079 305,180 5,831,302
refined 620,189 1,212,568 226,494 134,979
other/1 14,081,280 9,417,055 9,105,020 11,594,089
hydrogenated 105,980 165,086 189,910 216,894
cottonseed oil 1,086,125 1,064,927 566,342 1,492,207
crude 91,561 0 13,440 811,709
refined 356,019 384,736 11,257 421,814
other/1 638,545 680,191 541,645 258,684
hydrogenated
sunseeds 498,716 152,446 866 846,939
sunseed oil 1,544,792 1,603,442 1,428,806 2,321,231
rapeseed 90,693,741 51,756,558 58,627,456 71,838,297
rapeseed oil 4,182,965 12,477,173 8,088,171 6,667,017
crude 836,746 8,224,530 2,020,906 1,760,068
refined 3,346,219 4,252,643 6,067,265 4,906,949
linseed meal 20,000 57,061 0 0
cottonseed meal 867,091 1,959,898 3,041,334 2,878,829
soymeal 1,006,101,521 1,077,208,406 1,290,715,220 1,079,162,518
soymeal/flour 308,496,253 265,042,335 271,973,919 223,605,849
soymeal hulls 20,061,000 26,612,000 28,356,000 15,044,000
lard 1,017,251 1,369,008 812,813 1,059,450
edible tallow 7,356,953 2,974,421 4,178,480 6,563,908
inedible tallow 3,321,473 5,973,022 11,179,838 3,315,879
ch white grease 0 0 55,970 0
——- In Bushels, Pounds or Short Tons ——-
Sep 26 Aug 26 Jul 26 Sep 25
soybeans 134,317,351 53,819,837 69,479,834 104,937,681
soyoil 33,095,137 24,151,178 21,663,957 39,192,165
crude 450,294 352,914 672,807 12,855,823
refined 1,367,283 2,673,255 499,334 297,578
other/1 31,043,914 20,761,056 20,073,137 25,560,595
hydrogenated 233,646 363,952 418,680 478,170
cottonseed oil 2,394,496 2,347,763 1,248,571 3,289,754
crude 201,857 0 29,630 1,789,512
refined 784,888 848,198 24,817 929,941
other/1 1,407,751 1,499,565 1,194,123 570,301
hydrogenated 0 0 0 0
sunseeds 1,099,481 336,086 1,909 1,867,181
sunseed oil 3,405,684 3,534,985 3,149,979 5,117,439
rapeseed 199,945,507 114,103,698 129,251,438 158,376,362
rapeseed oil 9,221,861 27,507,463 17,831,368 14,698,259
crude 1,844,709 18,131,988 4,455,336 3,880,286
refined 7,377,151 9,375,475 13,376,032 10,817,973
linseed meal 22 63 0 0
cottonseed meal 956 2,160 3,352 3,173
soymeal 1,109,026 1,187,407 1,422,755 1,189,561
soymeal flour/me 340,055 292,156 299,797 246,481
soymeal hulls 22,113 29,334 31,257 16,583
lard 2,242,655 3,018,147 1,791,946 2,335,688
edible tallow 16,219,308 6,557,477 9,211,973 14,470,943
inedible tallow 7,322,596 13,168,262 24,647,328 7,310,263
ch white grease 0 0 123,393 0

DJ U.S. September Grain Exports-Nov 4
In kilograms (top) and in bushels (bottom), except flour in cwt and malt
in pounds. /1 denotes includes commercial and donated. Source: U.S. Department
of Commerce.
(*)NOTE: Year ago figures reflect data reported at that time.
Data includes Exports and Re-Exports.
——- In Kilograms ——-
Sep 26 Aug 26 Jul 26 Sep 25
Barley 390,020 1,323,000 1,680,000 1,465,219
Corn /1 7,084,022,000 7,422,475,000 7,478,106,000 6,978,168,000
Sorghum 47,690,000 68,850,000 299,073,000 142,244,000
Oats 6,739,393 3,079,474 4,344,072 4,634,170
Rye 448,358 244,302 528,283 90,085
Wheat /1 1,546,291,599 2,057,071,719 1,648,202,604 3,230,845,639
wheat flour /1 19,231,686 17,368,733 19,435,472 19,471,057
Malt 24,769,068 23,637,183 30,707,320 18,480,783
——- In Bushels, CWT or Pounds ——-
Sep 26 Aug 26 Jul 26 Sep 25
Barley 17,913 60,764 77,161 67,296
Corn /1 278,882,765 292,206,934 294,397,008 274,715,520
Sorghum 1,877,453 2,710,477 11,773,863 5,599,841
Oats 464,302 212,157 299,279 319,265
Rye 17,651 9,618 20,797 3,546
Wheat /1 56,815,907 75,583,671 60,560,457 118,712,037
wheat flour /1 423,986 382,915 428,479 429,263
Malt 54,606,457 52,111,077 67,698,064 40,743,159
1/Includes commercial and donated.

WHEAT:
General Comments: Wheat was lower in both markets yesterday in consolidation trading. The emergence of Winter Wheat are ahead of normal with improved weather in the Great Plains. Both sides in the Russia-Ukraine war have reported an export pace more than 50% less than a year ago. The US Winter Wheat planting was 83% complete last week and Winter Wheat was 65% emerged. Condition is rated 4% good to excellent. Conditions are mixed in the US Midwest. The weather is now featuring scattered showers for parts of the Midwest along with moderate temperatures after a got week last week. The Great Plains should get scattered showers in all areas.
Overnight News:
Chart Analysis: Trends in Chicago are down. Support is at 591, 580, and 568 December, with resistance at 621, 645 and 662 December. Trends in Kansas City are down. Support is at 636, 628, and 616 December, with resistance at 676, 711, and 725 December. Trends in Minneapolis are not available

RICE:
General Comments Rice closed higher yesterday. Less domestic production this year is reported and there are worries about El Nino hurting world production. Brazil prices are strong on ideas of short production and El Nino fears for production on the next crop. Demand remains moderate for US Rice and was moderate to good last week. El Nino is threatening production in Asia and Indian prices remain high and are going higher, Trends are mixed on the daily charts and are up on the weekly charts,
Overnight News:
Chart Analysis: Trends are mixed. Support is at 1755, 1735, and 1710 January and resistance is at 1821, 1832, and 1844 January.

CORN AND OATS
General Comments: Corn was lower yesterday on speculative and fund selling and on reports of good harvest progress amid warm and dry weather. Mexico was a big buyer in cash markets again yesterday after making huge purchases late last week and over the weekend. Trends are mixed to down on the daily and weekly charts. There is moderating weather in the western and southern Midwest with mostly dry conditions. Harvest has been active in most areas of the Midwest with good but not great yields being reported. Ukraine and Russia are still at war and shipping is very limited in both countries. It should be cooler with drier weather in the Midwest this week. Progress is below normal and the harvest is now 74% complete. Oats were lower and trends are down on the weekly charts.
Overnight News: Mexico bought 315,000 tons of US Corn and South Korea bought 136,000 tons of US Corn.
Chart Analysis: Trends in Corn are mixed to down . Support is at 436, 430, and 424 December, and resistance is at 470, 478, and 488 December. Trends in Oats are down. Support is at 335, 330, and 327 December, and resistance is at 370, 383, and 405 December.

SOYBEANS
General Comments: Soybeans and the products were a little lower yesterday on great harvest progress and despite buying from China. Crude Oil futures were sharply lower yesterday and the selling spilled into Soybeans and the products. The weekly chart trends are down in Soybeans and Soybean Meal and are mixed to down in Soybean Oil. China is expected to buy more cargoes of US Soybeans in the coming weeks but the tariffs will remain high. Lula was elected president of Brazil over the previous weekend It was a surprise to the market and hurt the Real against the Dollar and Ag prices generally, especially those featuring selling from Brazil. The harvest was 88% complete last week. Cooler and dry weather is likely in the north.
Overnight News: Spain bought 167,000 tons f US Soybeans.
Chart Analysis: Trends in Soybeans are mixed to down. Support is at 1194, 1181, and 1171 January, and resistance is at 1250, 1262, and 1276 January. Trends in Soybean Meal are down. Support is at 3174.00, 311.00, and 308.00 December, and resistance is at 353.00, 361.00,and 369.00 December. Trends in Soybean Oil are mixed to down. Support is at 6420, 6300, and 6180 December, with resistance at 6740, 6880, and 7010 December.

PALM OIL AND CANOLA
General Comments: Palm Oil was lower today on ideas of big production. Weekly trends are mixed. Canola was near unchanged and trends are still generally down on the daily and weekly charts.
Overnight News
Chart Analysis: Trends in Canola are mixed to down. Support is at 775.00, 764.00, and 759.00 January, with resistance at 796.00, 818.00, and 829.00 January. Trends in Palm Oil are mixed to down. Support is at 4580, 4560, and 4500 January, with resistance at 4780, 4\850, and 4890 January.

DJ Malaysian PM Cash Market Prices for Palm Oil – Nov 4
The following are prices for Malaysian palm oil in the cash market at 1000 GMT Wednesday, supplied by commodity broker Matthes & Porton Bhd.
Prices are quoted in U.S. dollars a metric ton, except for crude palm oil and palm kernel oil, which are in ringgit a ton. Palm kernel oil prices are in ringgit a pikul, a Malaysian measurement equivalent to 60 kilograms.
Refined, bleached and deodorized palm oil, FOB, Malaysian ports
Offer Change Bid Change Traded
Nov 1097.50 -07.50 Unquoted – –
Dec 1117.50 -15.00 Unquoted – –
Jan/Feb/Mar 1160.00 -20.00 Unquoted – –
Apr/May/Jun 1195.00 -20.00 Unquoted – –
Jul/Aug/Sep 1187.50 -15.00 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
Nov 1102.50 -07.50 Unquoted – –
Dec 1122.50 -15.00 Unquoted – –
Jan/Feb/Mar 1165.00 -20.00 Unquoted – –
Apr/May/Jun 1200.00 -20.00 Unquoted – –
Jul/Aug/Sep 1192.50 -15.00 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Nov 1067.50 -10.00 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Nov 1010.00 -05.00 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Nov 4,310.00 -60.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Nov 405.00 -05.00 Unquoted – –
($1=MYR4.062)

Questions? Ask Jack Scoville today at 312-264-4322