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Iowa’s USDA crop progress report said 72% of corn and 93% of soybeans had been harvested by November 8, respectively 17 and 2 percentage points behind their five-year averages. Wet weather limited fieldwork to 1.7 suitable days during the week, while cooler, drier weekend conditions helped harvest resume and a dry week was forecast.
The delayed corn harvest may provide modest near-term price support if wet conditions persist and slow remaining fieldwork. The dry forecast and soybean harvest nearing completion limit the immediate risk of further delays.
kmch.comJanelle TuckerNov 9, 2026After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% 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.
