NewsSignals AI analysis·Via TRADINGVIEW·Oct 20, 2026

Soybeans, corn sink to fresh multi-week lows on fund selling, active harvest

Grade Bbearish AI signal

Soybean and corn futures sank to fresh multi-week lows on Tuesday amid fund selling and active harvesting of large expected US crops. November soybeans fell to $12.48-1/4 a bushel the lowest since August 26 while December corn dropped to $4.62 its lowest since August 12 with wheat also sliding to its lowest since mid-July. Continued favorable harvest weather and large supplies could keep pressure on grain prices in the near term.

Bullish strength: 20/100

USDA confirmed more Chinese purchases of US soybeans

Bearish strength: 80/100

Fund long liquidation and traditional hedge pressure
Active harvest of a record-large soy crop and projected second-largest corn crop
Chinese buying of expected volumes already baked into the market

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

Read the original source ↗

← Browse more news analysis

More recent source-attributed AI analysis.

Equities likely to snap 3-session fall as GIFT Nifty signals firm start for D-Street

Indian equities could snap a three-session losing streak on Friday, with GIFT Nifty signaling a higher open after the Sensex and Nifty fell around 2% this week. GIFT Nifty traded at 22,846 against Thursday's Nifty close of 22,687.65, while Brent crude surged to $113.50 per barrel and foreign investors sold Indian equities worth Rs 3,458.70 crore. A recovery could gain traction if the Nifty clears 22,900 and sustains above 23,000, but elevated oil prices and continued foreign outflows may limit gains.

US Natgas Prices Fall Back to 2-Month Low

US natural gas prices fell to $2.76 per MMBtu, their lowest level in two months, as forecasts for mild weather weakened expectations for heating demand. Above-average temperatures are expected across the Midwest and East through November 5, while gas storage rose by 77 bcf, below the five-year average of 87 bcf. Natural gas prices could remain under pressure if mild weather curbs consumption, despite strong LNG export demand and lower domestic production.

Soybeans Rebound on Strong Export Demand

Soybean futures rebounded toward $12.60 per bushel as strong export demand, led by China, ended an eight-session losing streak after prices hit a two-month low.

Bitcoin, gold trim early losses as yen gives up gains. Oil stays near $100

Bitcoin and gold pared early losses as the Japanese yen surrendered its gains, while Asian stocks and Nasdaq futures also recovered. Bitcoin rebounded toward $82,000 after dipping below $81,000, while gold recovered to $4,020 per ounce and WTI crude remained near $100; U.S. spot Bitcoin ETFs recorded $381 million in outflows on Thursday. Persistent oil prices and weak spot Bitcoin ETF demand could limit a sustained crypto recovery, while renewed inflation concerns may continue to pressure risk assets.