While USDA lowered both the national corn and soybean yields from August, both were above the average analyst estimate, along with 2025-26 ending stocks.
Wheat sales for the week ended Aug. 28 were down 46% from the previous week and 51% from the four-week average. New-crop corn sales were strong, while net soybean sales were near the low end of pre-report expectations.
USDA reported weekly wheat inspections totaled 946,472 MT for the week ended Aug. 21, which were more than double the previous week and well above pre-report expectations.