News
An unexpected increase to corn acres weighing on prices
Yesterday, USDA announced eligible livestock producers will receive disaster recovery assistance through the Emergency Livestock Relief Program for 2023 and 2024 Flood and Wildfire to help offset increased supplemental feed costs.
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.
Trade has remained relatively quiet ahead of this morning’s production and supply & demand reports from USDA.
Are big U.S. corn, soybean crops already factored into prices?
Update of Benchmark Farms Finds Gains in South
Semi-annual Survey Finds 1.2% Six-Month Decrease
High yields lead to high nutrient removal rates, but next year, nutrient replacement and feeding a new crop comes at a higher cost
The agency plans to rescind a 2024 rule that placed habitat restoration and ecosystem protection on equal footing with uses like grazing, mining, energy development, and recreation.
Illinois and Ohio showed the largest gains in abnormally dry conditions
Seasonal decline in grain prices continue
Soybeans led strength overnight while wheat led weakness, falling to fresh contract lows.
Analyst’s expected net new crop corn sales to range from 900,000 MT to 2.4 MMT.
Trading in grains may be more subdued ahead of Friday USDA data
Yesterday, the Trump administration rolled out a wide-ranging report to address chronic disease in children, with more than 120 recommendations spanning nutrition, environmental exposures, physical activity, and stress.
Corn, soybeans and wheat each have favored a sideways tone much of this week ahead of key USDA reports due out Friday.
Focus turning to USDA supply and demand report Friday