Report Summary 1. Report Industry Investment Rating - Not provided in the given content 2. Core View of the Report - The cotton market currently has both support and pressure. There is a continuous supply of new cotton, but yarn mills are actively restocking. In the long - term, policies and weather will be the key factors. The recommended strategies are to conduct reverse arbitrage on the January - May spread when prices are high and to lay out long positions for distant contracts when prices are low [4]. 3. Summary According to Relevant Data Domestic Cotton Futures - On November 6, CF01 was 13605, down 10 (-0.07%) from November 5; CF05 was 13615, down 5 (-0.04%); CF01 - 05 was -10, down 5 from the previous day [3]. Domestic Cotton Spot - On November 6, the prices in Xinjiang, Henan, and Shandong were 14618, 14852, and 14869 respectively, with decreases of -9 (-0.06%), -4 (-0.03%), and -4 (-0.03%) compared to November 5. The Xinjiang - main contract basis was 1013, up 1 [3]. Domestic Yarn Futures - On November 6, CY was 19870, up 50 (0.25%) from November 5 [3]. Domestic Yarn Spot - On November 6, the C32S price index was 20520, unchanged from November 5 [3]. US Cotton Spot - On November 6, CT (USD/磅) was unchanged at 65.07, the arrival price was 75.20, the 1% quota delivery price was 13158, and the sliding - duty delivery price was 14069, all unchanged from November 5 [3]. Spread Data - On November 6, the yarn - cotton spread (futures) was 6265, up 60 from November 5; the yarn - cotton spread (spot) was 911, unchanged [3]. Other Data - The domestic - foreign spot spread was 1711 on November 6, down 4 from November 5 [4].

Report Industry Investment Rating - The investment ratings for cotton, sugar, and pulp are all neutral [2][4][6] Core Views - Short - term cotton prices face limited upside due to hedging pressure and weak demand, but are optimistic in the long - term due to low initial inventory and resilient consumption [2] - Sugar prices are expected to oscillate until the end of the year and may hit new lows next year due to global supply surplus [4] - Pulp prices are likely to continue to oscillate at a low level as the fundamentals improve insufficiently, and attention should be paid to the actual implementation of peak - season demand in the fourth quarter [6] Summary by Related Catalogs Cotton Market News and Key Data - Futures: The closing price of cotton 2601 contract was 13,605 yuan/ton, down 10 yuan/ton (- 0.07%) from the previous day [1] - Spot: The Xinjiang arrival price of 3128B cotton was 14,618 yuan/ton, down 9 yuan/ton; the national average price was 14,820 yuan/ton, down 5 yuan/ton [1] - Market News: India's cotton initial inventory in the 2025.10 - 2026.9 season is expected to reach about 1.03 million tons, a year - on - year increase of about 55%, and the import volume from October to December may be 340,000 tons [1] Market Analysis - International: Sino - US negotiations have made progress, but the actual purchase volume of US cotton by China is uncertain. The US government shutdown has delayed key data release, and the short - term upside of the outer market is limited due to supply pressure and weak export signing [2] - Domestic: The new cotton market starts with low inventory, but the supply has been supplemented. The rising purchase price of seed cotton and the expected decline in production support the post - holiday market, but the short - term upside of cotton prices is limited due to hedging and weak demand [2] Strategy - Neutral. There is a possibility of a callback in the short - term, and cotton prices can be optimistically viewed after the seasonal pressure [2] Sugar Market News and Key Data - Futures: The closing price of sugar 2601 contract was 5448 yuan/ton, up 7 yuan/ton (+ 0.13%) from the previous day [2] - Spot: The spot price of sugar in Kunming, Yunnan was 5660 yuan/ton, unchanged from the previous day [2] - Market News: As of November 4, 21 sugar mills in Uttar Pradesh, India have started operations, and more are expected to start soon [3] Market Analysis - Raw sugar: Supply surplus has pushed prices below 15 cents. Although the sugar - making ratio in Brazil has declined, the global sugar market may still be in a bear cycle in the 25/26 season [3] - Zhengzhou sugar: The expected increase in domestic sugar production is strong, but the price is near the cost line, and the downward space is limited due to policy support [4] Strategy - Neutral. Oscillate until the end of the year, and there may be new lows next year [4] Pulp Market News and Key Data - Futures: The closing price of pulp 2601 contract was 5368 yuan/ton, up 8 yuan/ton (+ 0.15%) from the previous day [4] - Spot: The spot price of Chilean Silver Star softwood pulp in Shandong was 5500 yuan/ton, unchanged; the price of Russian softwood pulp was 5060 yuan/ton, up 15 yuan/ton [4] - Market News: The spot price of imported wood pulp showed a strengthening trend, with some prices up 10 - 70 yuan/ton [4] Market Analysis - Supply: Overseas mills' price increases, production cuts, and conversion plans have limited impact. Domestic imports have rebounded, and port inventories remain high [5] - Demand: Weak consumption in Europe and the US, and weak domestic demand. Downstream paper mills purchase cautiously and do not stock up on a large scale [5] Strategy - Neutral. Pulp prices are likely to continue to oscillate at a low level, and attention should be paid to peak - season demand [6]

Report's Investment Rating for the Industry - Not provided in the content Core Views of the Report - For soybean meal, it is expected to rise in the short - term following the import cost, with improving profit margins stimulating purchases. In the medium - term, the outlook of ample global soybean supply remains unchanged, and the strategy is to sell on rebounds [3] - For palm oil, the high - yield in Malaysia and Indonesia suppresses the market. It may reverse the current supply - surplus and inventory - building situation from the fourth quarter to the first quarter of next year. The strategy is to view it as range - bound with a downward bias until Malaysian palm oil exports improve, and turn bullish if there are signs of production decline [5] - For sugar, due to strengthened import controls on syrup and premixed powder, Zhengzhou sugar prices have rebounded, but the external market is weak. It is advisable to wait for the rebound to fade and then look for short - selling opportunities [9] - For cotton, the fundamental situation is weak with poor demand and high domestic production this year. The short - term cotton price is expected to continue to fluctuate [12] - For eggs, the downward trend of egg prices has been broken. In the short - term, the market is expected to consolidate strongly. It is recommended to wait and see or engage in short - term trading, and pay attention to the upper - level pressure in the medium - term [15][17] - For pigs, the overall strategy is to sell on rallies. Cautious investors can use reverse - spread positions instead [19] Summary by Related Catalogs Soybean/M粕类 Market Information - On Thursday, CBOT soybeans declined due to profit - taking and expectations of global bumper harvests. Brazilian soybean premiums slightly decreased. Domestic soybean meal spot prices rose by 10 yuan, with weak trading but good pick - up. The oil mill operating rate was 52.4%, up from the previous day. MYSTEEL estimated the domestic soybean crushing volume this week to be 2.0964 million tons, compared with 2.2534 million tons last week. As of October 30, the Brazilian soybean planting rate was 47%, lower than 54% in the same period last year, affected by irregular rainfall [2] Strategy Views - Import costs are expected to move in a range. Domestic soybean and soybean meal inventories are high, squeezing profit margins, but as the de - stocking season approaches, there is some support [3] Palm Oil Market Information - ITS and AMSPEC data showed that Malaysian palm oil exports in October increased by 4.31% - 5.19% compared with the previous month. SPPOMA data indicated that Malaysian palm oil production increased by 5.55% in October and 6.8% in the first five days of November. Domestic oils rebounded on Thursday following the optimistic sentiment in the commodity market. Palm oil prices are constrained by high production in Malaysia and Indonesia [4] Strategy Views - High production in Malaysia and Indonesia suppresses the palm oil market. The current supply - surplus and inventory - building situation may reverse. The strategy is to be bearish until exports improve and turn bullish on signs of production decline [5] Sugar Market Information - On Thursday, Zhengzhou sugar futures fluctuated narrowly. Brazilian and Indian sugar production forecasts were released, with Brazilian sugar production expected to be higher and Indian net sugar production expected to be 30.95 million tons after deducting ethanol production [8] Strategy Views - Strengthened import controls on syrup and premixed powder have driven up Zhengzhou sugar prices, but the external market is weak. It is advisable to wait for the rebound to fade and then short - sell [9] Cotton Market Information - On Thursday, Zhengzhou cotton futures continued to fluctuate. Spinning mill operating rates remained flat week - on - week and were lower than in previous years. Xinjiang cotton purchase prices declined slightly [11] Strategy Views - Weak demand and high domestic production this year lead to a weak fundamental situation. The short - term cotton price is expected to continue to fluctuate [12] Eggs Market Information - National egg prices were partly stable and partly rising. Supply was sufficient, and market demand was stable. Downstream traders' purchasing enthusiasm increased slightly [14] Strategy Views - Low replenishment and high culling have led to expectations of a peak - to - decline in inventory. With the improvement of sentiment, the market is expected to consolidate strongly in the short - term [15][17] Pigs Market Information - Domestic pig prices were mixed. Northern farmers were reluctant to sell at low prices, and the slaughter volume decreased slightly. Southern prices may stop falling and stabilize [18] Strategy Views - Group farms have completed a high proportion of their plans, but the spot price increase was less than expected. The overall strategy is to sell on rallies, and cautious investors can use reverse - spread positions instead [19]

1. Report Industry Investment Rating No information provided regarding the report industry investment rating. 2. Core Viewpoints - On November 6, the adjustment of the vegetable oil sector was basically in place, and the liquidation of short - positions led to a stop in the decline and a stabilization of vegetable oils. The protein sector was running strongly at a high level due to cost - push and capital aggregation [1][2]. - For the vegetable oil sector, it showed a stable recovery. Aggressive investors could hold long - positions. Rapeseed oil was the strongest, followed by palm oil, and soybean oil was relatively weak. For the double - meal sector, the external market was weak, domestic spot traders were not willing to follow the price increase, and the market might experience a correction. Aggressive investors could try short - positions [2][3]. 3. Summary by Relevant Catalogs 3.1 Vegetable Oil Sector 3.1.1 Market Quotes - On November 6, the soybean oil main contract Y2601 closed at 8,188 yuan/ton, up 0.61% day - on - day, with a daily reduction of 6,026 lots; the secondary main contract Y2605 closed at 8,006 yuan/ton, up 0.70% day - on - day, with a daily increase of 4,532 lots. The palm oil main contract P2601 closed at 8,732 yuan/ton, up 1.65% day - on - day, with a daily reduction of 2,776 lots; the secondary main contract P2605 closed at 8,798 yuan/ton, up 1.17% day - on - day, with a daily reduction of 234 lots. The rapeseed oil main contract OI2601 closed at 9,564 yuan/ton, up 1.67% day - on - day, with a daily reduction of 2,830 lots; the secondary main contract OI2605 closed at 9,173 yuan/ton, up 1.22% day - on - day, with a daily reduction of 2,280 lots [1]. 3.1.2 Important Information - On November 5, international crude oil futures fell more than 1%, closing at a two - week low. The NYMEX most - actively traded December crude oil futures contract fell 96 cents, or 1.59%, to settle at $59.60 per barrel [1]. - The Indonesian Palm Oil Association (GAPKI) said that Indonesia's palm oil production in 2025 was expected to increase by 10% to about 56 million tons, higher than the previous estimate of 53.63 million tons [1]. - The Brazilian government might not be able to increase the biodiesel blending ratio from 15% to 16% before March 2026, which might reduce the industrial demand for international soybean oil and have a certain drag on CBOT soybean oil [1]. - The shipping survey agency ITS showed that Malaysia's palm oil exports in October were 1,639,089 tons, a 5.2% increase from September. Exports to China were 15,000 tons, a decrease of 31,000 tons from the previous month [1]. - The Malaysian Palm Oil Association (MPOA) estimated that Malaysia's palm oil production in October 2025 was 2.07 million tons, a 12.31% increase month - on - month [1]. - As of the 44th weekend of 2025, the total inventory of the three major domestic edible oils was 2.5728 million tons, a weekly decrease of 58,200 tons, a month - on - month decrease of 2.21%, and a year - on - year increase of 16.71% [1]. 3.1.3 Spot Market - As of November 6, the average spot price of soybean oil in Zhangjiagang was 8,360 yuan/ton, a month - on - month increase of 10 yuan/ton; the basis was 172 yuan/ton, a month - on - month decrease of 40 yuan/ton. The average spot price of palm oil in Guangdong was 8,540 yuan/ton, a month - on - month decrease of 10 yuan/ton; the basis was - 192 yuan/ton, a month - on - month decrease of 152 yuan/ton. The import profit of palm oil was - 419.2 yuan/ton. The spot price of fourth - grade rapeseed oil in Jiangsu was 9,780 yuan/ton, with no month - on - month change; the basis was 373 yuan/ton, a month - on - month increase of 6 yuan/ton [2]. 3.1.4 Market Logic - Externally, the US soybean futures price rose significantly again, driving a slight rebound in US soybean oil. The previous market speculation about inventory, exports, and production pressures had basically materialized, and Malaysian palm oil showed resistance to decline technically. Domestically, after reaching a new consensus between China and the US, China began to purchase US soybeans, narrowing the supply shortage gap in the first quarter of next year. The domestic oilseed supply in the fourth quarter was sufficient, the oil mill operating rate increased, and consumption entered a seasonal off - season. The overall domestic oil inventory increased, palm oil was still accumulating inventory, and the rapeseed oil price further declined [2]. 3.1.5 Trading Strategies - Unilateral trading: The vegetable oil sector showed a stable recovery. Aggressive investors could hold long - positions. Rapeseed oil and palm oil were relatively strong, while soybean oil was relatively weak. The pressure level of the Y2601 contract was 9,000, and the support level was 8,000; the pressure level of the Y2605 contract was 8,400, and the support level was 7,840; the pressure level of the P2601 contract was 10,000, and the support level was 8,570; the pressure level of the P2605 contract was 10,000, and the support level was 8,580; the pressure level of the OI2601 contract was 12,000, and the support level was 9,299; the pressure level of the OI2605 contract was 12,000, and the support level was 9,000. No arbitrage strategies were provided [2]. 3.2 Double - Meal Sector 3.2.1 Market Quotes - On November 6, the soybean meal main contract M2601 closed at 3,068 yuan/ton, down 0.16% day - on - day, with a daily reduction of 44,479 lots; the secondary main contract M2605 closed at 2,827 yuan/ton, up 0.11% day - on - day, with a daily increase of 13,829 lots. The rapeseed meal main contract RM2601 closed at 2,549 yuan/ton, up 0.47% day - on - day, with a daily increase of 34,202 lots; the secondary main contract RM2605 closed at 2,416 yuan/ton, up 0.46% day - on - day, with a daily reduction of 5,978 lots [2]. 3.2.2 Important Information - Since November 10, 2025, at 13:01, the additional tariff measures on US - originated imported goods would be adjusted, and the 24% additional tariff rate on US goods would continue to be suspended for one year, while the 10% additional tariff rate would be retained [2]. - As of October 30, Brazilian soybean planting was 47% complete, higher than 36% a week ago but 7 percentage points lower than the same period last year [2]. - The consulting firm StoneX predicted that Brazil's soybean production in the 2025/26 season might reach 178.9 million tons, higher than the previous estimate of 175 million tons by the US Department of Agriculture [2]. - After the recent meeting between China and Canada in South Korea, Canada could not immediately cancel tariffs on China, meaning that the export channels of Canadian rapeseed and its by - products to China remained closed [2]. - There were market rumors that COFCO had purchased 9 ships of Australian rapeseed for shipment between November and January [2]. 3.2.3 Inventory Status - As of the 44th weekend of 2025, the total inventory of imported soybeans in China was 7.733 million tons, a decrease of 179,000 tons from the previous week. The total inventory of imported rapeseed was 0 tons, a decrease of 0.6 tons from the previous week. The domestic soybean meal inventory was 1.208 million tons, an increase of 156,000 tons from the previous week, a month - on - month increase of 14.77%; the contract volume was 4.662 million tons, a decrease of 177,000 tons from the previous week, a month - on - month decrease of 3.64%. The inventory of imported and crushed rapeseed meal was 0.7 tons, a decrease of 0.1 tons from the previous week, a month - on - month decrease of 6.67% [3]. 3.2.4 Spot Market - As of November 6, the spot price of soybean meal was 3,104 yuan/ton, a month - on - month increase of 16 yuan/ton, with a trading volume of 35,000 tons; the basis of soybean meal was 3,091 yuan/ton, a month - on - month decrease of 1 yuan/ton, with a trading volume of 4,000 tons; the basis of the soybean meal main contract was - 8 yuan/ton, a month - on - month increase of 35 yuan/ton. The spot price of rapeseed meal was 2,565 yuan/ton, a month - on - month increase of 79 yuan/ton, with a trading volume of 0 tons; the basis was 2,478 yuan/ton, a month - on - month decrease of 124 yuan/ton; the basis of the rapeseed meal main contract was 161 yuan/ton, a month - on - month decrease of 12 yuan/ton [3]. 3.2.5 Market Logic - Externally, as China had not clearly stated whether to purchase 1.2 million tons of US soybeans, the US soybean price was under pressure and declined. Domestically, the oil mill quotes increased with the market, but the near - month basis decreased, and the market trading atmosphere was dull. Feed enterprises mainly made rigid - demand purchases, and traders mostly chose to sell at a small profit. The domestic rapeseed raw material inventory dropped to zero, causing a sharp rise in the rapeseed meal market [3]. 3.2.6 Trading Strategies - Unilateral trading: For the double - meal sector, the previous long - positions should be liquidated, and aggressive investors could try short - positions. The pressure level of the M2601 contract was 3,190, and the support level was 2,685; the pressure level of the M2605 contract was 3,000, and the support level was 2,549; the pressure level of the RM2601 contract was 2,620, and the support level was 2,280; the pressure level of the RM2605 contract was 2,500, and the support level was 2,270. No arbitrage strategies were provided [3].

Report Industry Investment Ratings No relevant content provided. Core Views of the Report - Palm oil: Lack of drivers, focus on short - term support [2] - Soybean oil: US soybeans decline, slow regression of soybean - palm oil spread [2] - Soybean meal: Trade sentiment fluctuates, stay on the sidelines [2] - Soybean: Range - bound [2] - Corn: Short - term bullish [2] - Sugar: Weak operation [2] - Cotton: Pay attention to external market impacts [2] - Eggs: In an adjustment phase [2] - Pigs: Inventory accumulation continues, wait for the release of spot contradictions [2] - Peanuts: Focus on the actions of oil mills [2] Summary by Related Catalogs Palm Oil and Soybean Oil - **Fundamental Tracking**: Palm oil's day - session closing price rose 1.65%, night - session fell 0.60%; soybean oil's day - session rose 0.61%, night - session fell 0.12%. Spot prices of palm oil in Guangdong decreased by 10 yuan/ton, while that of first - grade soybean oil in Guangdong increased by 10 yuan/ton [4]. - **Macro and Industry News**: From November 1 - 5, 2025, Malaysia's palm oil yield, oil extraction rate, and production increased compared to the same period last month. Argentina's oilseed workers reached a wage agreement with soybean processing enterprises, avoiding a strike [5][7]. - **Trend Intensity**: Palm oil and soybean oil trend intensities are both 0 [8]. Soybean Meal and Soybean - **Fundamental Tracking**: DCE soybean 2601's day - session rose 1.69%, night - session rose 0.19%; DCE soybean meal 2601's day - session rose 0.95%, night - session fell 0.39%. Spot prices of soybean meal in different regions had slight changes [10]. - **Macro and Industry News**: On November 6, CBOT soybeans fell due to limited Chinese demand. Citi expects China to resume large - scale purchases of US soybeans in the long run [10][12]. - **Trend Intensity**: Soybean meal and soybean trend intensities are both 0 [12]. Corn - **Fundamental Tracking**: Corn's C2601 day - session rose 0.75%, night - session rose 0.09%; C2603 day - session rose 0.88%, night - session rose 0.14%. The price of Guangdong Shekou increased by 10 yuan/ton [13]. - **Macro and Industry News**: Northern corn bulk shipping port prices decreased by 10 yuan/ton, while Guangdong Shekou's increased by 10 yuan/ton [14]. - **Trend Intensity**: Corn trend intensity is 0 [17]. Sugar - **Fundamental Tracking**: Raw sugar price is 14.19 cents/pound, up 0.08. Mainstream spot price is 5730 yuan/ton, up 50 [19]. - **Macro and Industry News**: Brazil's September sugar production increased by 11% year - on - year, but exports decreased. China's September sugar imports were 550,000 tons (+150,000 tons) [19]. - **Trend Intensity**: Sugar trend intensity is - 1 [22]. Cotton - **Fundamental Tracking**: CF2601 day - session fell 0.07%, night - session fell 0.15%; CY2601 day - session rose 0.25%, night - session fell 0.03%. Spot prices of cotton in different regions had slight declines [24]. - **Macro and Industry News**: Cotton spot trading was dull, and ICE cotton futures fell due to events in the US [25]. - **Trend Intensity**: Cotton trend intensity is 0 [28]. Eggs - **Fundamental Tracking**: Egg 2512 rose 1.93%, egg 2601 rose 1.23%. Spot prices in different regions were stable or had slight changes [30]. - **Trend Intensity**: Egg trend intensity is 0 [30]. Pigs - **Fundamental Tracking**: Henan's spot price is 11,980 yuan/ton, up 100; Sichuan's is 11,500 yuan/ton, unchanged; Guangdong's is 12,460 yuan/ton, down 100 [32]. - **Market Information**: In September, the national feed production was 30.36 million tons, a month - on - month increase of 3.4% and a year - on - year increase of 5% [33]. - **Trend Intensity**: Pig trend intensity is 0 [34]. Peanuts - **Fundamental Tracking**: PK601 fell 0.21%, PK603 fell 0.33%. Spot prices of peanuts in different regions had declines or were stable [37]. - **Spot Market Focus**: In some peanut - producing areas, the supply was low, trading was inactive, and prices were stable or weak [38]. - **Trend Intensity**: Peanut trend intensity is 0 [39].

1. Report Industry Investment Rating - No relevant content provided. 2. Core View of the Report - The overall view of the agricultural products sector in commodity futures is that the short - term and medium - term trends of soybean meal, soybean oil, and palm oil are mainly in a state of shock or weak shock. The market is affected by various factors such as policies, supply, and demand [5][7]. 3. Summary by Variety 3.1 Soybean Meal (M) - **View**: Short - term: shock; Medium - term: shock; Intraday: shock - weak; Reference view: shock - weak [5]. - **Core Logic**: The adjusted tariff of US soybeans is still much higher than that of Brazilian soybeans, reducing the export competitiveness of US soybeans. Domestic traders are mainly focused on profit - taking and rolling purchases. The market is shifting from "policy - emotion - driven" to "fundamental - reality - driven". High domestic inventories and weak downstream demand limit price increases, and short - term high - level fluctuations intensify [5][6]. 3.2 Palm Oil (P) - **View**: Short - term: weak; Medium - term: shock; Intraday: shock - weak; Reference view: shock - weak [5][7]. - **Core Logic**: Before the release of important reports such as MPOB next week, market funds are risk - averse. The expected increase in Malaysian palm oil inventory to 2.44 million tons at the end of October, a nearly 30% year - on - year increase, exerts pressure on the market. Although the total inventory of three major edible oils in China has decreased slightly, it remains at a relatively high level, indicating a loose supply pattern. The short - term palm oil futures price will continue to operate weakly [7].

Core Insights - The Bloomberg Grain Index declined by 2.37%, closing at 30.2363 points, with a notable drop after the market opened [1] - CBOT corn futures fell by 1.49%, settling at $4.2875 per bushel [1] - CBOT wheat futures experienced a significant decrease of 3.38%, closing at $5.36 per bushel [1] - CBOT soybean futures dropped by 2.31%, ending at $11.08 per bushel, while soybean meal futures fell by 3.69% and soybean oil futures decreased by 0.85% [1] - CBOT lean hog futures declined by 1.92%, live cattle futures fell by 0.78%, and feeder cattle futures decreased by 1.32% [1]

Group 1 - Chicago futures market saw a significant decline in corn, wheat, and soybean prices on November 6, with corn down 1.49% to $4.29 per bushel, wheat down 3.47% to $5.36 per bushel, and soybean down 2.36% to $11.08 per bushel [1] - The drop in agricultural prices is attributed to ongoing debates regarding Trump's tariffs and the uncertainty surrounding the U.S.-China trade agreement, which has led to a decline in demand outlook for U.S. agricultural products [1] - The Supreme Court's recent oral arguments have raised questions about the legality of Trump's tariffs, with the probability of the court supporting these tariffs dropping to 25% according to prediction platform Polymarket [1] Group 2 - Global grain supply is expected to be abundant, with record harvests anticipated for wheat, corn, and soybeans in the Southern Hemisphere [2] - Favorable weather conditions in Brazil and Paraguay, along with dry weather in Argentina, are expected to support crop growth and sowing activities, with soybean planting in Mato Grosso and Parana expected to be completed by November 20 [2]

Core Insights - The Chicago Board of Trade (CBOT) saw a decline in agricultural futures across the board on November 6, with significant drops in soybean, corn, and wheat futures prices [1]. Group 1: Soybean Futures - Soybean futures fell by 2.31%, closing at 1108.00 cents per bushel [1]. Group 2: Corn Futures - Corn futures decreased by 1.49%, ending at 428.75 cents per bushel [1]. Group 3: Wheat Futures - Wheat futures experienced the largest decline, dropping by 3.38% to close at 536.00 cents per bushel [1].

Group 1 - The Intercontinental Exchange (ICE) agricultural futures saw a majority decline in closing prices on November 6, with raw sugar futures increasing by 0.78% to 14.22 cents per pound [1] - Cotton futures decreased by 1.15% to 64.48 cents per pound [1] - Cocoa futures fell by 2.97% to $6,277.00 per ton [1] - Coffee futures dropped by 3.89% to 397.50 cents per pound [1]