
North Dakota had completed its 2026 sugar beet harvest by November 1, ahead of its five-year average pace; Minnesota was at 91% and Michigan at 50%, both behind their averages. Corn harvest was at least seven percentage points behind five-year averages in five Midwestern states, with heavy rain contributing to delays in parts of the Corn Belt.
Rain-related harvest delays can slow near-term corn deliveries and provide some short-term price support, but the report gives no evidence of a broader supply loss.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% 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.