Soybean futures moved lower due to profit taking, which is capping the recent rally. China's continued buying is crucial for market support, especially as Brazil wraps up planting for its 2026 crop. The January Soybean futures contract was down 18.25 cents, with open interest continuing to grow. Corn futures were also lower, but market action is consolidating sideways in a channel that has been in place since late October, with uncertainty surrounding yield numbers. December Corn futures were down 8.5 cents, and option open interest shows a growing gap with more interest on the put side than the calls. Wheat futures followed the grains complex lower as reports indicate winter wheat planting is nearing completion. December Wheat futures were down 11.25 cents. Note that commodity reports and data from the CFTC and USDA are expected to take two months to be fully up to date.