No changes were made to the U.S. wheat and corn balance sheets, while a 5-million-bu. increase in soybean imports was offset by a 5-million-bu. increase in crush. Corn, soybean and cotton world ending stocks were each higher than respective pre-report estimates.
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USDA increased its estimate for corn exports by 100 million bu. to 3.3 billion bushels.
We uncover the caveats of considering government programs when marketing grain.
USDA increased the national corn yield 0.5 bu. per acre, as well as planted (98.8 million acres) and harvested acreage (91.3 million).
Hang onto your hats! Record highs in silver and plunging crude oil futures have created a unique and rare phenomena that typically coincides with market distress.
Soybean ending stocks for 2025-26 were unchanged, while corn ending stocks were cut 125 million bu. from November amid an increase in exports.
USDA lowered the national corn yield for the 2025-26 crop to 186.0 bu. per acre, down from 186.7 in Sept. The soybean yield was lowered 0.5 bu. to 53.0 bu. per acre.
Mixed weather conditions in Brazil have stirred caution of late, as La Niña conditions ripen.
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Hillari Mason

Hillari grew up on a family farm in southern Illinois, where she learned to love agriculture and its lifestyle from a young age. Hillari graduated from Murray State University in 2012 and began working for Cargill as a grain merchandiser shortly thereafter. Her time there yielded expansive market knowledge, producer relationships and series 3 and 30 licenses. Hillari joined Pro Farmer in June 2022 and received her master of business administration from the University of Southern Indiana in 2023. Hillari lives on her own farm in southern Indiana and spends the bulk of her days studying futures markets.