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USDA crop progress shows the US corn harvest at 60% with fall crops advancing sharply: cotton 52%, sorghum 56%, peanuts 51%, sugarbeets 75% and sunflowers 46%. Harvest pace is ahead of the prior week across crops.
Faster harvest reduces weather risk and supports steady near-term supply of corn and sorghum, a mild bearish influence on prices.
After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.