Key Takeaways:
WPI’s 2025/26 corn export models continue to reflect strong international demand and put the total marketing year volume slightly above USDA’s estimates. Strong old crop corn exports are offset by weaker feed and residual use, leaving ending stocks slightly elevated. New crop corn supplies are forecast below USDA’s July estimates while our demand outlook is similarly reduced, leaving ending stocks very similar to 2025/26 levels and suggesting forward pricing stability. The U.S. 2025/26 soybean balance sheet has potential, in WPI’s view, to loosen a bit in the upcoming WASDE, though the current price rally will boost the farm-gate average price. The new crop soybean outlook is bifurcated into two...
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...
