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USDA's Grain Transportation Report says June 1 grain stocks were unchanged year over year, with off-farm stocks up 12 percent and on-farm stocks down 10 percent. Disappearance for the March-June period was 4.9 billion bushels, up 3 percent from the five-year average.
Rail carloads and barge movements were above average, and the Acreage report forecast higher corn and lower soybean acres.
Higher off-farm stocks and above-average rail and barge activity point to steady movement through the marketing chain. Lower forecast soybean acres and higher corn acres shape the balance for next season's feed grain supply.
doi.org): U.S. Department of Agriculture, Agricultural Marketing ServiceJul 3, 2025After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
