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.
Corn inspections for the week ended Oct. 9 were shy of pre-report expectations but remain well ahead of year ago.
Wheat inspections during the week ended Oct. 2, fell 368,000 MT, but continues to outpace year-ago inspections.
USDA reported quarterly corn stocks data as of Sept. 1 were nearly 200 million bu. higher than the average analyst estimate, while soybeans were slightly below. Wheat production also surpassed pre-report expectations.
Weekly corn inspections are outpacing year-ago by more than 50%.
Corn sales during the week ended Sept, 18 totaled 1.923 MMT, according to USDA, which topped analysts’ pre-report range.
Sept. 24, 2025
Wheat inspections outpaced pre-report expectations ranging from 300,000 to 500,000 MT.

Hillari Mason