Mostly dry weather returned to major U.S. farming regions on November 5, creating an opportunity to resume soybean harvesting after rain delayed fieldwork. USDA data showed harvest completion rates of 79% in Missouri, 81% in Michigan, 83% in Ohio and 84% in Nebraska; the forecast also called for unusually warm temperatures the following week.
Winter wheat planting was 83% complete nationwide by November 1.
Drier conditions should ease harvest backlogs and move soybeans into the market, mildly increasing near-term supply and weighing on prices. The warm outlook and planting progress have limited immediate implications for wheat supply.
After 363 past bearish weather events, Soybeans moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% 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.