Nebraska corn harvest reached 66% against a five-year average of 75%, and soybean harvest reached 84% versus 88%. Winter wheat planting is ahead of average at 98%, with 67% of the crop rated good to excellent.
Slower harvest is a mild supportive factor for near-term corn and soybean availability, while good wheat conditions are neutral for prices.
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.