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USDA forecast Oklahoma cotton production at 200,000 bales, down 69.9% from 2025, as yields fell sharply following unusually wet weather and flooding. The article also reports record U.S. soybean production of 4.57 billion bushels, corn production of 15.9 billion bushels—6% lower—and a 37% decline in sorghum production.
Flood-related crop losses tighten U.S. sorghum and corn availability, which can lend support to feed-grain prices. Record soybean production points the other way, adding supply and weighing on soybean prices.
arablewire.comTom WhitfieldNov 11, 2026After 363 past bearish weather events, Soybeans moved a median -0.6% over 5 sessions (42% higher; middle half -2.5% to +1.1%), and -0.2% over 20.
After 1,465 past bullish weather events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.4% to +1.9%), and +0.9% 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.
