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A Midwest system brought widespread rain that exits with a cold front on Wednesday, followed by drier, warmer conditions across the Northern and Central Plains. Forecasters also flagged below-normal rainfall in central Brazil and heavy rain in southern Brazil.
Drier forecasts allow fieldwork and help the US winter wheat and Brazilian safrinha outlook, which can ease weather premium in grain futures.
dtnpf.comJohn BaranickNov 4, 2026After 224 past neutral weather events, Wheat (SRW) moved a median -0.1% over 5 sessions (46% higher; middle half -1.4% to +1.5%), and +0.4% over 20.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% over 20.
After 324 past neutral weather events, Soybeans moved a median +0.0% over 5 sessions (52% higher; middle half -1.4% to +1.7%), and +0.7% 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.
