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A monthly review notes Brazil's soybean planting gained momentum with rain, though Mato Grosso moisture remains below average. It also flags dry Russian winter wheat soils, a dry start to European rapeseed, and wet conditions slowing US corn harvest.
Dry Russian wheat soils and European rapeseed concerns are supportive for wheat and canola meal, while Brazil's planting progress is a mild offset.
earthdaily.comFelippe ReisNov 2, 2026After 1,072 past bullish weather events, WHEAT moved a median +0.2% over 5 sessions (55% higher; middle half -1.4% to +2.3%), and +0.3% over 20.
Not enough comparable past events yet for a historical read.
After 324 past neutral weather events, SOY moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% 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.
