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Grain markets rallied after USDA's November 10, 2026 monthly reports, with corn and soybeans rising and wheat following. The analysis notes corn benefited from a larger-than-expected yield cut while stronger projected soybean exports absorbed a slightly bigger soybean crop.
A smaller corn crop leaves less supply to absorb future problems, supporting corn prices, but the balance sheet remains estimates that can be revised, so the rally may not be sustained.
agweek.comAllison ThompsonNov 13, 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.
