Core Insights - Chicago futures market saw a rise in corn, wheat, and soybean prices on November 5, with corn at $4.35 per bushel, wheat at $5.55, and soybean at $11.34, reflecting increases of 0.87%, 0.82%, and 1.14% respectively [1] Group 1: Market Performance - The most actively traded December corn contract rose by 3.75 cents, while the December wheat contract increased by 4.5 cents, and the January 2026 soybean contract gained 12.75 cents [1] - Trading volume in the Chicago Board of Trade (CBOT) for agricultural products was light due to the USDA "shutdown," leaving uncertainty regarding China's wheat bookings [1] Group 2: Export Expectations - Global soybean demand outside of China is expected to be fully met by Brazil, leading to a pessimistic outlook for U.S. soybean exports, projected at 1.5 billion bushels or less [1] Group 3: Ethanol Production - The U.S. Energy Information Administration reported that ethanol production reached 330 million gallons last week, an increase of 9 million gallons from the previous week, marking a historical high [1] - Ethanol inventory stood at 962 million gallons, reflecting a year-on-year increase of 3% [1] Group 4: Weather Conditions - Weather forecasts indicate that Brazil will experience rain and thunderstorms across all crop-growing regions in the next two weeks, while Argentina will have rain until November 7, followed by clear weather favorable for wheat harvesting and soybean planting [1]