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Dakota News Network reported USDA's Sept. 30 Grain Stocks showing corn at 2.095 billion bushels, about 170 million above the trade average.
The Small Grains Summary put the US wheat crop at 1.53 billion bushels, down 23% from last year. State-level stocks rose sharply in Iowa, Illinois, Nebraska and Kansas.
Corn stocks above trade guesses add bearish pressure on feed grain prices, while a smaller US wheat crop offers some support to wheat values.
dakotanewsnetwork.comSep 30, 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 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% 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.
