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USDA reported that Oklahoma winter wheat planting reached 77%, up from 62% a week earlier, while 61% of the crop had emerged. National winter wheat planting advanced to 89% from 83%; the report also put U.S. corn and soybean harvest progress at 81% and 92%, respectively.
Faster planting and emergence reduce the risk of delayed establishment and support expectations for the U.S. winter wheat crop. The progress figures offer a modestly bearish signal for wheat prices, all else equal.
oklahomafarmreport.comCarli DavenportNov 9, 2026After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% over 20.
After 138 past bearish report events, Wheat (HRW) moved a median +0.0% over 5 sessions (50% higher; middle half -2.9% to +2.4%), and +0.5% over 20.
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.
