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Corn and Soybean Harvest is Underway

By CLAYTON BAUMGARTH

The latest USDA Crop Progress Report has been released, signaling the beginning of harvest season. Two percent of Indiana’s corn for grain and 1 percent of soybeans have been harvested so far. 

Throughout the nation, 9 percent of corn harvest and 5 percent of soybean harvest has been completed. 

One harvest that has been going on for a bit longer is corn for silage; 55 percent has been harvested throughout Indiana so far. 

Farmers are eager to see how this year’s harvest yields will shake out. The industry was pessimistic at best after moderate to severe droughts hit the nation.

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USDA surprised with higher 2026 U.S. corn yields but it’s early with just over 20% of the U.S. harvest complete. NE, IA and IL corn and soybean yields continue to hold up the national average corn and soybean yields.
U.S. corn crop conditions fell 3% to 54% G-E and NE corn yield goes up 11 bpa with the 2nd wettest to record wet month of September and harvest only 15% complete??????
Some regions in the U.S. had the hottest summer in 140 years while others had record flooding?????
The Black Sea region is worse not better.
Brazilian real rally.
Brazil looks dry into November.
+ CFTC.