The September WASDE report has now come and gone, and we are here to pick up the pieces. In general, the bears got to celebrate National Chocolate Milkshake Day. Here are the high or low points depending upon one’s position in the market:
Corn and soybean yields were not hurt as much as expected by this summer’s hot, dry conditions.
Despite rising insurance claims of both “prevented plantings” (up 0.7 percent for corn and 2.6 percent for soybeans) and lower planted plus failed acres (down 1.7 percent for corn and 1 percent for soybeans), harvested acres were higher than expected.
USDA did not lower yield and output as much as anticipated.
Corn carryover was raised by 19 million bushels, the...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
