Analysts See U.S. Soy, Corn Harvests Nearly Done; Wheat Ratings Steady

By Julie Ingwersen

CHICAGO, Nov 10 (Reuters) – The U.S. harvest of soybeans and corn was nearly complete as of Sunday while winter wheat condition ratings held steady with the previous week, a Reuters analyst poll showed on Monday.

The U.S. soybean harvest was 96% complete by Sunday and the corn harvest was 92% finished, according to a Reuters poll of nine analysts. Farmers are harvesting what has been projected as the biggest U.S. corn crop in history along with a bumper soybean crop.

The U.S. is the world’s top corn exporter and the No. 2 soybean supplier after Brazil.

Analyst estimates of U.S. harvest progress ranged from 94% to 99% for soybeans and 89% to 97% for corn.

A year ago, the USDA reported that the soybean harvest was 96% complete and the corn harvest was 95% complete.

The U.S. Department of Agriculture normally publishes a weekly crop progress report each Monday afternoon from April through November. But due to the ongoing U.S. government shutdown, the agency has not released a crop progress report since September 29.

Farmers are nearly finished with planting the U.S. winter wheat crop that will be harvested in 2026. Analysts on average estimated winter wheat planting as 95% complete, up from last week’s average trade estimate of 91%.

Analysts on average rated 52% of the winter wheat crop in good to excellent condition, matching the average estimate in last week’s poll.

All figures in percent: