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Markets rose after the USDA’s WASDE report: Paris December wheat gained €3.75 per tonne, while corn and rapeseed also advanced. Chicago January soybeans rose 39.75 cents; the report cut the US corn yield estimate to 179.6 bushels per acre and reduced the projected crop from 407.3 million to 403.7 million tonnes.
The unexpectedly smaller US corn crop supports corn prices, while the report’s price response was also positive for wheat and soybeans. These gains may lift feed-grain and soybean costs, though the article notes that their durability is uncertain.
agrarwelt.comNov 11, 2026After 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.
After 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.
