Farmers Looking for Key Reports with Government Shutdown Ending

With the 2025 U.S. fall harvest nearly complete, attention now shifts to the USDA’s November Crop Production and WASDE reports, set for release Friday.

Analysts expect U.S. corn yields to average 183.5 bushels per acre, slightly below September’s forecast. Soybean traders anticipate a yield near 53 bushels per acre, down slightly from September, which could tighten supplies to the lowest in a decade if demand holds steady. However, lagging exports to China—down 42% year over year—may limit optimism despite recent trade promises.

Global wheat supplies are likely to rise as well, led by larger harvests in Russia, Argentina, Australia, and the U.S. Overall, Friday’s reports are expected to confirm ample global grain supplies, though traders will watch closely for signs of shifting demand trends heading into 2026.