
USDA's weekly Crop Progress report for the week to 1 November shows US corn 74% harvested, up from 60% a week earlier and behind the 77% five-year average. Soybeans reached 88%, ahead of the 84% average, while sorghum and peanuts lag and cotton is ahead.
A faster soybean harvest and corn slightly behind average point to normal supply flow with no major shock. The report is a routine data release with limited price impact on feed grains.
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.
Not enough comparable past events yet for a historical read.
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.