Pro Farmer
“Sell the rumor, buy the fact” following Friday’s USDA report
Continuing Resolution ahead as disagreements continue…
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.