NASHVILLE, Tenn. (RFD-TV) — There is a whole lot of corn on hand right now, and the markets are eager to see the next World Agricultural Supply and Demand Estimate (WASDE). The upcoming U.S. Department of Agriculture (USDA) report will provide an update on yield data, which the latest reportdid not address.
Economist Naomi Blohm said traders hope for a downward revision, which would be good news for growers.
“If this corn yield number in the United States goes down in January, if there’s this weather issue in South America this winter, and if the USDA brings that yield number down, we’ve got reasons for corn futures to be able to really easily climb over $4.50,” Blohm explained. “And maybe head up towards the $5 area, which would be very welcomed for so many producers.”
Despite ample corn supplies on hand, Blohm said domestic demand has been strong, especially for ethanol. She estimated that one-third of U.S. corn supplies go to that sector, totaling about 5.5 billion bushels.
Strong blending demand continues to support ethanol use even as production and exports fluctuate.
January 30, 2026 07:00 AM
·
Eliza Petry joins the RFD News team with a strong connection to agriculture and a commitment to covering the people and issues that matter most to rural America.
January 29, 2026 01:31 PM
·
Early indications suggest the U.S. cattle industry may be nearing the end of its liquidation phase. Oklahoma State University livestock economist Dr. Derrell Peel says the industry could be at or near the cyclical low.
January 29, 2026 12:44 PM
·
Strong White House backing supports ethanol demand, but timing now hinges on Congress resolving procedural — at the same time as they push toward a spending bill to avert another federal government shutdown.
January 28, 2026 11:35 AM
·
Mixed product pricing and rising milk supplies suggest margin management will remain critical as 2026 unfolds.
January 28, 2026 06:00 AM
·
Corn and soybean exports continue to anchor weekly inspection totals, with China maintaining a visible role, while wheat and sorghum remain more dependent on regional and seasonal demand shifts.
January 27, 2026 03:08 PM
·
