Both U.S. beans and U.S. corn harvests are slightly slower than expected

USDA Crop Growth Report: U.S. soybean harvests were 73 percent for the week ended October 24, 2021, compared to 74 percent market estimates, compared to 60 percent in the previous week, 82 percent in the year-ago quarter, and a five-year average of 70 percent.

USDA Crop Growth Report: For the week ended October 24, 2021, the U.S. corn harvest was 66 percent, compared to 65 percent in the previous week, compared to 52 percent in the previous week and 70 percent in the year-ago quarter, with a five-year average of 53 percent.

This article originated from the international derivatives think tank