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The November USDA report put the U.S. corn yield at 179.6 bushels per acre, down from 181.2 in October, and soybean yield at 53.3, up from 53.1. U.S. ending stocks declined to 1.758 billion bushels for corn and 300 million for soybeans, while wheat stocks edged up to 743 million; corn exports were cut by 25 million bushels and soybean exports raised by 25 million.
After the report, corn rose 12 cents, soybeans 36 cents and wheat 6 cents.
Lower corn and soybean ending stocks and the smaller-than-expected corn yield underpin prices, though the corn export reduction tempers support. Wheat gained alongside stronger corn and soybean markets despite slightly higher wheat stocks.
ocj.comNov 10, 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.
After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% 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.
