The agricultural markets are closely watching the upcoming WASDE report scheduled for Tuesday, November 10, 2026, following unexpected data discrepancies in September that led to higher-than-expected yield and production numbers in October. The report, set to release at 11 a.m. CST, will provide updated yield, acreage, and grain stocks figures, with DTN's reporting team offering immediate analysis and a midday webinar featuring Lead Analyst Rhett Montgomery.
Corn futures received a brief boost from an 80-million-bushel sale to Mexico, but overall prices remain under pressure due to typical harvest-time lows. Traders are monitoring for signs of increased demand or transportation issues that could shift market sentiment.
Weather patterns are mixed across key regions. The Central and Southern Plains will see drier, warmer conditions after weekend showers, while the Midwest expects light rains to aid remaining harvest acres. In the Delta, an El Nino pattern may benefit the region in the coming months, though this week will remain drier.
South American weather concerns persist, with central Brazil experiencing reduced monsoon season showers, leading to low soil moisture for early soybean growth. Forecasts predict rain in the first half of November, which could prevent further drying. In Argentina, soybean planting will increase throughout November, with frequent frontal passages influencing early crop growth.
Several key reports are due this week, including the Consumer Price Index (CPI) on Tuesday, Grain Export Sales on Thursday, and the Producer Price Index (PPI) on Friday. The CFTC's Commitments of Traders report is delayed until November 16 due to the Veteran's Day holiday.