
Combines are harvesting corn in Norfolk County, Ontario, with almost all soybeans off and about a third of the corn harvested. Harvest conditions have been good, though some fields show vomitoxin pockets that concern feed corn users.
Corn prices on Nov. 6 were about 3% below a year earlier at $5.62 per bushel.
Good harvest progress and a moderate vomitoxin problem point to adequate Ontario feed corn supply, which is mildly bearish for local feed prices, though mycotoxin-affected lots may need testing or discounting.
After 445 past neutral weather events, Corn moved a median +0.1% over 5 sessions (52% higher; middle half -1.4% to +1.6%), and +0.7% 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.