USDA Chief Economist Justin Benavidez, at the Agricultural Outlook Forum, forecast modest price gains for 2026 with corn, soybeans and wheat each rising about 10 cents per bushel. He also said input costs for seed, fertilizer and chemicals are expected to fall slightly after inflation adjustment.
A modest price rise and easing input costs would slightly improve producer margins, though the forecast is a general outlook rather than a supply shock.
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.
After 747 past bullish report events, Soybeans moved a median +0.3% over 5 sessions (54% higher; middle half -1.4% to +2.1%), and +0.8% 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.