NASHVILLE, Tenn. (RFD-TV) — The U.S. Department of Agriculture (USDA) September 1 Grain Stocks report leaned bearish for corn and wheat, while soybeans landed close to expectations.
Old-crop corn stocks were reported at 1.532 billion bushels, well above the average trade estimate of 1.337 billion (range 1.26–1.45). The larger-than-expected figure suggests that feed and export use was softer than anticipated, resulting in more grain being stored as the new harvest advances.
Soybean stocks came in at 316 million bushels, only slightly under the average trade guess of 323 million (range 295–360). The figure was largely neutral, showing modestly stronger disappearance during the summer but staying within pre-report expectations.
All wheat stocks totaled 2.12 billion bushels, topping the average trade estimate of 2.043 billion (range 1.954–2.135). Larger-than-expected inventories reflect both strong production and slower early-season demand, adding pressure to an already heavy global wheat outlook.
Market analysts said the bearish surprises in corn and wheat could weigh on futures, while soybeans offered little fresh direction.
Farm-Level Takeaway: Bigger-than-expected corn and wheat stocks are bearish for prices, while soybean figures were neutral. Farmers may face additional price pressure as harvest accelerates.
Here is a regional snapshot of harvest pace, crop conditions, logistics, and livestock economics across U.S. agriculture for the week of Monday, Nov. 10, 2025.
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For tight margins, contract grazing leverages existing acres into new income streams and spreads risk. Here are some tips for row crop farmers looking to diversify.
November 06, 2025 02:45 PM
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Texas Cattle Feeders Association Chairman Robby Kirkland explains how the ongoing U.S.-Mexico border closure impacts feed yards that rely on Mexican cattle due to the New World Screwworm.
November 06, 2025 12:01 PM
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While the U.S.-China framework for soybean trade is in place, Ohio farmer Chris Gibbs tells us he will believe it when he sees it.
November 06, 2025 11:38 AM
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