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Grain and livestock futures paused on Veterans Day after Tuesday's USDA WASDE report sparked a rally. The report cut the US corn yield to 179.6 bu/acre from 181.2 and raised the soybean yield to 53.3, with soybean ending stocks falling to 300 million bushels.
Trade had expected a more bearish report, so the constructive numbers gave the market a bounce. Next direction depends on South American weather and consumer demand.
americanagnetwork.comJesse AllenNov 11, 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.
