
As of Sunday, U.S. farmers had harvested 81% of corn, below the five-year average of 86%, and 92% of soybeans, above the average of 91%. Winter wheat planting reached 89% and emergence 76%; 49% of the crop was rated good to excellent, up five percentage points on the week, while sorghum harvest was 70% complete versus 85% on average.
Harvest progress affects the timing of new-crop grain and oilseed availability; corn and sorghum are behind typical pace, while soybean harvest is slightly ahead. The report offers a modest supply-timing signal, with weather conditions still influencing fieldwork.
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.
Not enough comparable past events yet for a historical read.
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.