Manitoba reports that 94% of the crop was harvested as of October 24, with yields average to above average in most crops. Earlier spring rain, June flooding and late-season rain delayed harvest and reduced quality for some cereals and canola.
Quality problems such as pre-harvest sprouting and dockage in Manitoba cereals and canola may reduce usable supply and widen grade discounts for feed buyers.
After 2,467 past weather events, CORN moved a median +0.1% over 5 sessions (51% higher; middle half -1.5% to +1.7%), and +0.6% over 20.
After 1,964 past weather events, SOY moved a median +0.1% over 5 sessions (51% higher; middle half -1.7% to +1.8%), and +0.3% 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.