
USDA set 2026 harvest prices for crop insurance at $4.75 per bushel for corn and $12.63 for soybeans, above the spring guarantees of $4.62 and $11.09. October futures averages rose above spring prices for corn for the first time since 2022.
Prices fell during October after USDA reports added about 400 million bushels to projected corn supplies.
The higher harvest price reflects October futures averages but the underlying market sold off on larger US corn supplies, so the price signal is mixed and mostly a risk-management reference for producers.
After 770 past neutral report events, CORN moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 563 past neutral report events, SOY moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
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.