11/16/2025 Sunday Market Preview

Grains called to edge weaker at the open with early week action set to show the extent of technical damage inflicted by the Friday crop report. Attention otherwise shifts right back to whether any Chinese export business materializes. The mood will also be influenced by financial markets either stabilizing or spiraling further into risk-off mode. In the Headlines December corn futures finished 12 cents off their high but still held a gain of 3 cents for the week. January soybeans gave back 22 cents on Friday but were left higher by 7 1/2 cents last week. Wheat futures were down slightly over the last five sessions. December live cattle dropped about $2 for the week and January feeders gained $1. November feeders jumped over $12 as they approached expiration on Thursday this week. December hogs were down 90 cents last week. Gold futures lost $100+ to close the week as interest rates were back in the spotlight. Expectations shifted in response to hawkish comments by various central bank officials, including one suggesting that lowering interest rates will not fix unemployment caused by “structural change in technology and immigration policy.” Odds implied by interest rate futures dropped from 67 to 44…