News
The modest increase comes despite placements continuing to trail 2025 levels
Soybeans continue to pull back from recent highs while grains are chopping sideways.
USDA set new ARC/PLC enrollment deadlines this week and added 30 million base acres for 2026 and 2027. Economists say this gives farmers a clearer read on the programs, but warn against chasing whichever pays the most.
Much of Corn Belt to remain soggy into early next week
Input Costs Are Major Negative
Some drought relief came to the Plains, while hot weather exacerbated conditions in the southeast
Soybeans are trading near recent for-the-move highs while corn and wheat continue to chop sideways with little direction.
Russia, Ukraine still attacking the other’s infrastructure
Lower pod counts found on Crop Tour contrasted with USDA’s higher figures — here’s what the math says about the potential for a record soybean crop.
Harvest in the eastern Corn Belt is advancing well around rains, while efforts in areas of the western Corn Belt are rain-delayed.
Corn and wheat saw relative weakness overnight but did see an increase in buying going into the break.
More heavy rains possible in parts of Corn Belt
As USDA moves to restore confidence in its agricultural data, a closer look at livestock reports shows the agency has been getting animal inventories right — with cattle estimates missing by less than 150,000 head on average over five years.
September objective yield data backs up Crop Tour findings of blank stalks and smaller ears, but USDA’s ear weight assumptions still don’t reflect the full extent of crop stress.
Corn, soybeans and wheat favored the downside in overnight trade.