Key Takeaways:
Corn yield came in below expectations at 180.7 bushels per acre, validating WPI’s view that last year’s exceptional yield may have anchored analyst estimates higher. Despite slightly higher production for corn, stronger export projections tightened the balance sheet, pushing stocks-to-use lower and supporting the bullish market reaction. Export demand remains a major bullish factor for corn, with 2026/27 exports projected at 3.275 billion bushels, or roughly 20.5 percent of production, the highest share of production exported this century. Soybean changes were comparatively neutral, with a slightly lower yield offset by 1.4 million additional acres and higher production, leaving stocks-to-use nearly unchanged at...
What You Need to Know Today: Headlines emerging from negotiations between President Trump and President Xi were relatively limited, with a more substantive announcement expected Monday. U.S. Trade Representative Jamieson Greer indicated that additional details related to agricultural trade cou...
The heat of summer is now transitioning into more moderate temperatures, and the next two months have the busiest marketing periods of the year for replacement cattle. Weather always influences the replacement cattle market, and the primary grain belt in the Southern Plains, where many cattle a...
Key Takeaways: Diesel accounts for about 64 percent of U.S. farm fuel spending. For farmers, the pressing question is what a higher price adds to each field operation. Iowa farm diesel averaged $5.50/gallon in September, compared with the $2.89/gallon Iowa State assumed for its February machin...
