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USDA's crop progress report showed 74% of the US corn crop in the top 18 states was harvested as of November 1, three points behind the five-year average. Tennessee became the first state to finish harvest, and 88% of soybeans were harvested, four points ahead of average.
Harvest progress is a routine pace indicator with limited price impact; faster soybean harvest means earlier farm marketing and supply availability. Corn remains near normal pace, so no new supply shock is indicated.
agriculture.comSuccessful FarmingNov 2, 2026After 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.
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.
