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USDA's November 10, 2026 WASDE put U.S. corn ending stocks at 1,758 million bushels, 68 million below the surveyed 1,826 million, after cutting production 141 million bushels. U.S. soybean ending stocks fell 15 million bushels to 300 million on higher exports, while world wheat and world corn ending stocks both rose.
Tighter U.S. corn and soybean stocks than the trade expected support prices for both crops, while higher world wheat and corn carryout limits upside in global grain markets.
pgi.klarenbach.caTrent KlarenbachNov 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.
After 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.
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.
