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Farm Progress reported that USDA's Sept. 1 corn stocks came in near 2.1 billion bushels, up 35% year over year and a seven-year high, sending futures to six-week lows.
Soybean and wheat stocks were down from a year earlier, and USDA trimmed the 2025 corn crop slightly.
Record-scale old-crop corn supplies weigh on feed grain prices, lowering feed costs for buyers while soybean stock declines offer limited support.
farmprogress.comBruce BlytheOct 1, 2026After 1,102 past bearish report events, CORN moved a median -0.2% over 5 sessions (47% higher; middle half -1.8% to +1.3%), and +0.0% over 20.
After 563 past neutral report events, SOY 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.
