NASHVILLE, Tenn. (RFD-TV) — USDA export inspections, a report that continues during the Federal government shutdown, offer an early read on demand moving downriver and to port. This week showed firmer soybeans but softer corn, wheat, and sorghum versus the prior week, with year-to-date strength in corn and wheat offset by lagging soybeans and sorghum. These flows can influence basis, barge demand, and spreads as harvest advances.
Week ended Oct. 9: corn 44.5M bu (prior 67.0M; year-ago 20.2M), soybeans 36.5M (28.8M; 70.1M), wheat 16.3M (20.1M; 14.0M), sorghum 0.82M (1.31M; 3.17M). Major lanes included Gulf corn to Mexico/East Asia, Mississippi/East Gulf soybeans to Spain, Bangladesh, Italy, Germany, the Netherlands, Pakistan, and Mexico, and Pacific Northwest wheat (HRS/SWW) to Asia, with HRW moving via the Gulf.
Marketing year to date: corn 312.6M bu (+65% yr/yr), soybeans 148.5M (-26%), wheat 391.9M (+18%), sorghum 4.8M (-71%). The mix points to comparatively stronger pull for corn and PNW wheat, while soybean momentum will depend on sustained Gulf and interior rail flows and early-season vessel lineups.
Farm-Level Takeaway: Expect comparatively firmer corn and PNW wheat basis; soybean basis hinges on continued Gulf loadings, while sorghum remains light.
As the Trump Administration seeks out new global trade partnerships, Congress is considering more support for farmers, which comes as the Federal Reserve warns that farmers need a safety net.
September 08, 2025 11:47 AM
·
Ag Secretary Brooke Rollins will travel to Europe and Asia to seek new trade partnerships for U.S. crops after China reduced imports due to tariffs.
September 08, 2025 11:45 AM
·
Co-Bank Lead Dairy Economist, Corey Geiger, joined us on Friday’s
Market Day Report for a further look at the drop in replacement heifers and the trend’s longterm impact on dairy producers and cattle prices.
September 05, 2025 12:40 PM
·
This Week in Louisiana Agriculture shows us why breaking even is going to be a challenge for corn producers across the state.
September 04, 2025 03:36 PM
·
Farmers are struggling with low commodity prices and skyrocketing input costs, resulting in debt that is outpacing income across the sector, according to the USDA’s new farm income forecast.
September 04, 2025 01:05 PM
·
September 03, 2025 01:47 PM
·
