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Market participants were preparing for the USDA’s November Crop Production and WASDE reports, scheduled for November 10, with attention on whether the agency would revise its October corn yield estimate of 181.2 bushels per acre. The article also cited October forecasts of a roughly 16-billion-bushel corn crop and record soybean production of 4.56 billion bushels.
A lower corn yield estimate could tighten expected supplies and support corn prices, while an unchanged or higher estimate would reinforce expectations of a large crop. The report’s soybean figures may also shift expectations for feed ingredient availability.
farms.comNov 9, 2026After 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.
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.
