
Illinois had harvested 86% of its corn and 91% of its soybeans by November 1, while rain delayed some northern farmers. Growers report generally strong yields, and winter wheat planting was 84% complete, with 57% emerged; the first condition rating showed 58% good or excellent.
Strong harvest yields add to available corn and soybean supplies and can weigh on prices, while rain delays may temporarily slow remaining fieldwork. Wheat establishment looks broadly favorable so far, limiting immediate concern about supply.
After 357 past bearish weather events, Corn moved a median -0.3% over 5 sessions (44% higher; middle half -2.2% to +1.3%), and -0.5% over 20.
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.
After 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.
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.