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.
Cattle markets are watching the Cattle-on-Feed Report for signs of tighter supplies, while USMEF warns limited China access is cutting producer profits.
December 19, 2025 01:05 PM
·
Weather-driven transportation disruptions can tighten logistics, affect basis levels, and delay grain movement during winter months.
December 19, 2025 12:55 PM
·
USDA Undersecretary Luke Lindberg outlines the Farm Bridge Assistance Program and responds to calls from lawmakers and ag leaders for more assistance and expanded trade opportunities for farmers.
December 19, 2025 12:46 PM
·
Callahan is no stranger to agricultural trade and has been with the U.S. Trade Representative’s office since 2016.
December 19, 2025 11:53 AM
·
Record ethanol production, coupled with stronger demand, supports corn use despite tighter margins elsewhere.
December 18, 2025 02:32 PM
·
A new maritime biofuels coalition aims to position ocean shipping as a significant growth market for U.S. crops and waste-derived fuels.
December 17, 2025 07:00 AM
·
