USDA crop progress data show 74% of U.S. corn and 88% of soybeans harvested as of the latest report, versus five-year averages of 77% and 84%. Winter wheat is 83% planted and 44% rated good to excellent in the first condition rating of the season.
Harvest pace is essentially complete, so the market focus shifts to final yield and quality numbers and to winter wheat establishment. Routine progress data adds little new price pressure beyond the existing harvest outlook.
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, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% 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.