
USDA is scheduled to release its November Crop Production and WASDE reports on November 10. Ahead of the reports, corn futures have fallen for six straight weeks after USDA sharply increased projected 2026–27 corn supplies in its September and October updates; traders are focused on the next U.S. yield estimate.
A further increase in projected corn yields or supplies could add to selling pressure, while a reduction could support prices after the recent decline. The report’s estimates may prompt a significant market reaction, but the direction is uncertain.
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.
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.