USDA Releases Final Grain Stocks Estimates

The Final Grain Stocks Report may be the last key figures we see if a government shutdown halts future updates.

WASHINGTON (RFD-TV) — The U.S. Department of Agriculture (USDA) released its Final Grain Stocks Report on Tuesday, providing key figures that may be the last we see if a government shutdown halts future updates.

CommodityEstimatesTrade Guess
Corn1.53 BB1.34 BB
Soy316 MB323 MB
Wheat2.12 BB2.04 BB

While soybean growers work to bring in this year’s crop, selling it remains a challenging task. The American Soybean Association warns that the U.S. is losing competitiveness after China recently turned to Argentina for supplies.

“If we can be competitive with beans, we can get them moved like they did with Argentina,” says ASA Vice President Scott Metzger. “Those could’ve easily been our beans going over there. It shows that if that opportunity is there, China is willing to buy.”

The grain trade says the numbers underscore broader concerns as China steps back from U.S. purchases. The National Corn Growers Association calls the situation a “four-alarm fire” and is urging Congress to act quickly to remove market barriers.

Related Stories
Tight supply and logistics issues may raise input costs.
Export funding aims to strengthen global demand for U.S. commodities.
Dairy markets are improving, but large supplies still cap the upside.
Investment and access to capital remain critical for agriculture.
Strong ethanol exports support long-term growth in corn demand.
Jake Charleston from Specialty Risk Insurance Agency recapped an Oklahoma auctioneer contest and recent industry events, showing how stakeholder feedback helps insurers gauge market conditions and risk management needs.

LATEST STORIES BY THIS AUTHOR:

The massive Morill wildfire left Nebraska ranchers facing major losses, as relief funds and federal aid step in to support recovery efforts.
Led by Sen. Rand Paul, lawmakers aim to prevent a November federal hemp ban, advocating for state control as farmers face planting uncertainties.
U.S. pork production is rising slightly, driven by steady domestic demand, prices, and expanding global meat export markets beyond China.
A prolonged Iran ceasefire offers limited relief as fertilizer concerns persist, prompting U.S. policy shifts and driving farmers to reconsider crop acreage.
California rewards low-carbon ethanol, not higher blending volumes.
Strong corn exports support demand while soybeans lag.