
By early November, most soybeans and about 80% of corn had been harvested locally. The USDA’s October 26 report showed corn harvest progress at 65% statewide and 60% nationally, while soybean progress was 93% statewide and 79% nationally; grain-drying moisture and input costs remain concerns for farmers.
Harvest progress and drying costs can affect the timing and expense of moving crops into storage, but the figures do not indicate a major supply disruption. The report offers little basis for a material price move.
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.
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.