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The USDA's November report cut the US corn yield to about 11.27 t/ha and corn production to about 404 Mt, while raising the soybean yield slightly to about 3.58 t/ha for production near 124.5 Mt and ending stocks near 8.2 Mt. On the day, July 2027 soybeans rose $12.71 to $457.96/t, corn gained $3.38 to $176.37/t and wheat rose $1.25 to $217.30/t.
Lower-than-expected US corn output and tighter soybean stocks reduce available supply for feed grains and soybean meal, supporting feed ingredient prices and raising feed costs for buyers.
losagronegocios.com.uyNov 10, 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 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% 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.
