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USDA's November WASDE lowered the U.S. corn yield to 179.6 bushels per acre and raised the soybean yield to 53.3 bushels per acre, both below average trade expectations. USDA also cut its 2026 beef production forecast by 40 million pounds on slower fourth-quarter slaughter.
Corn and soybean yields below trade expectations tighten feed grain supplies and support prices, and the smaller beef output forecast supports cattle prices while tightening meat supply.
agricultureofamerica.comNov 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 268 past bullish report events, Live Cattle moved a median +0.3% over 5 sessions (58% higher; middle half -0.7% to +1.4%), and +1.7% 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.
