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Illinois harvested 86% of its corn and 91% of soybeans as of Nov. 1, both ahead of the five-year average.
Winter wheat is 58% good to excellent, and the state was about 12 degrees above normal and dry during the reporting week.
Fast harvest progress adds to near-term corn and soybean supply, which is mildly bearish for feed grains and meal prices.
wfiwradio.comMark WellsNov 5, 2026After 1,102 past bearish report events, Corn moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 788 past bearish report events, Soybeans moved a median -0.3% over 5 sessions (47% higher; middle half -2.0% to +1.5%), and -0.9% over 20.
After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% 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.
