Harvest'25: Ag Markets Adjust as Harvest Wraps Up Without Access to Most USDA Data

Recent U.S.–China trade developments provided a small lift for soy markets, though most traders are waiting for concrete purchase data before making major moves.

NASHVILLE, Tenn. (RFD-TV) — The ag sector has now gone a whole month without harvest data from the U.S. Department of Agriculture (USDA) as the federal government shutdown continues. With combines finishing up in many regions, farmers are shifting their attention to transportation and storage decisions for the remainder of the season. Lewis Williamson with HTS Commodities joined us on Tuesday’s Market Day Report with the ag analyst perspective.

In his interview with RFD-TV News, Williamson said the post-harvest focus is shifting toward basis levels, grain movement, and storage costs as producers wait for updated federal reports to resume. He added that recent U.S.–China trade developments have provided a small lift for soy markets, though most traders are waiting for concrete purchase data before making major market moves.

Related Stories
Strong U.S. yields and steady demand leave most major crops well supplied, keeping price pressure in place unless usage strengthens or weather shifts outlooks.
Retail competition and improved supplies are helping offset food inflation, pushing Thanksgiving meal costs modestly lower despite higher prices for beef, eggs, and dairy.
While agriculture doesn’t predict every recession, the sector’s long history of turning down before the broader economy
The ACRE Act modestly reduces farmland borrowing costs now, with more savings possible once federal guidance clarifies which loans qualify.
ARC-CO delivers the bulk of 2024 support, offering key margin relief as producers manage tight operating conditions.
Higher menu prices and tax-free tips are reshaping restaurant economics, sharply lifting server take-home pay even as diners face higher out-the-door costs.
USDA’s steady yields and heavy global stocks keep grains range-bound unless demand firms or South American weather becomes a real threat.
The Tennessee Department of Agriculture is helping connect veterans with resources to pursue careers in farming and agriculture.