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From JBS Souderton’s $30 million value-added pivot to Tyson’s Nebraska shutdown, the processing sector is restructuring around high-efficiency plants, heavier carcasses and automated lines.
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Cuts to yield were offset by increased acreage indications
USDA’s corn yield and ending stocks pegs landed below the average pre-report estimate, with harvested corn acres up by 1.2 million. Soybean production was slightly higher than expected despite a 0.3 bu. cut to yield due to a 1.4-million-acre-increase in harvested acres.
Corn, soybeans slightly higher on spillover strength from wheat
Major Ukraine drone strikes on main Russia Black Sea wheat-export terminals
Farmers hoping for rent relief in 2027 may face a tough reality: land values are holding firm, and cash rents are slow to follow margins lower.