Key Takeaways:
1 September corn stocks totaled 2.095 billion bushels, 171 million above expectations and 544 million above last year, providing additional cushion for the 2026/27 balance sheet and potentially adding near-term pressure to prices. June-August corn disappearance increased just 100 million bushels year over year to 3.20 billion, a relatively modest increase considering the substantially larger 2025/26 supplies. 1 September soybean stocks totaled 315 million bushels, 8 million below expectations and 10 million below last year, while June-August disappearance increased 9 percent to 744 million bushels, pointing to stronger late-season demand and the potential for higher crush or export estimates. If the resulting relative streng...
Russian Grain Markets: 21–25 September 2026 During the third week of September, the Russian grain market remained bearish. For the first time since 2018, average 3rd-grade milling wheat prices dropped below RUB 10,000/t. This poses a serious threat to the Russian agricultural sector, as l...
What You Need to Know Today: CBOT markets pared Monday’s sharp losses as traders booked short profits and adjusted positions ahead of the Grain Stocks report that USDA will release Wednesday afternoon. The 7-day QPF forecast from NOAA now shows heavy rain across the central and western C...
