
USDA's August Feed Outlook shows 2026/27 U.S. feed grain ending stocks at 44.4 million metric tons, down 7.9 million. Corn ending stocks fall 3.5 million metric tons to 42 million on higher export demand, even as corn production holds near 16 billion bushels.
USDA raised its season-average price forecast.
Lower projected corn and sorghum stocks and a higher price forecast point to firmer feed grain costs for livestock and poultry buyers. Stronger export demand is the main tightening factor.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
Not enough comparable past events yet for a historical read.
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.