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Farmers in the Carmi area of Illinois received nearly an inch of widespread rain early in the week. Harvest is largely complete, including double-crop soybeans, while winter wheat has mostly emerged amid warmer-than-normal November weather; reported 2026 yields were strong but mostly average.
The rain and warm conditions may support emerged winter wheat, but the report describes no significant crop disruption or change in supply expectations, so price effects are likely limited.
farmweeknow.comNov 7, 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 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.
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.
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.
