# Crop Progress: Soybean harvest closes in on the finish

> USDA's weekly Crop Progress report showed corn harvest at 74% through November 1, slightly below the five-year average of 77% but above the analyst estimate of 73%. Soybean harvest reached 88%, above its five-year average of 84%, and winter wheat planting reached 83%, slightly behind average.

- Date: 2026-11-02 · published 2026-11-03T00:13:25.131Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/76481-crop-progress-soybean-harvest-closes-in-on-the-finish
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

Corn harvest came in slightly better than trade expectations, which is mildly bearish for near-term corn. Faster soybean progress points to steady availability for crushers and feed buyers.

## Read by commodity

- SOY: neutral
- CORN: bearish ▼
- WHEAT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2026-04-15 | [Strong soybean crop performance raises grain harvest projection](https://feedsoft.ai/events/13441-strong-soybean-crop-performance-raises-grain-harvest-projection.md) | +2.1% | +5.7% |
| CORN | 2023-12-01 | [Iowa Finishes Corn and Soybean Harvest With Optimistic Yield Results - ProAg](https://feedsoft.ai/events/13221-iowa-finishes-corn-and-soybean-harvest-with-optimistic-yield-results-proag.md) | +2.4% | +3.9% |
| CORN | 2017-11-21 | [Iowa harvests its second-largest corn, soybean crops](https://feedsoft.ai/events/67836-iowa-harvests-its-second-largest-corn-soybean-crops.md) | -1.3% | +5.0% |
| CORN | 2025-09-29 | [Record Corn Crop Weighs on Prices Thru Harvest - ADM Investor Services](https://feedsoft.ai/events/22895-record-corn-crop-weighs-on-prices-thru-harvest-adm-investor-services.md) | -1.8% | -1.5% |
| CORN | 2026-09-10 | [Argentina cuts soybean harvest outlook as corn margins improve
						 \| The Pig Site](https://feedsoft.ai/events/13776-argentina-cuts-soybean-harvest-outlook-as-corn-margins-improve-the-pig-site.md) | +4.3% | +1.1% |
| SOY | 2025-09-29 | [Record Corn Crop Weighs on Prices Thru Harvest - ADM Investor Services](https://feedsoft.ai/events/22895-record-corn-crop-weighs-on-prices-thru-harvest-adm-investor-services.md) | +0.4% | +2.8% |
| SOY | 2024-12-09 | [USDA publishes Iowa’s annual crop progress review \| Southeast Iowa Union](https://feedsoft.ai/events/13125-usda-publishes-iowa-s-annual-crop-progress-review-southeast-iowa-union.md) | -0.6% | -0.2% |
| SOY | 2020-04-21 | [Soybean Crush Outlook - ProAg](https://feedsoft.ai/events/53722-soybean-crush-outlook-proag.md) | +0.3% | +2.2% |

## Sources

- farmprogress.com: https://www.farmprogress.com/harvest/crop-progress-soybean-harvest-closes-in-on-the-finish

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.