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USDA released its November 2025 WASDE, the first since the government shutdown, lowering corn and soybean production estimates from September but by less than trade expectations. U.S. corn and wheat ending stocks for 2025/26 were raised, while soybean ending stocks were lowered.
Smaller-than-expected production cuts and higher corn and wheat stocks ease tightness, which is bearish for feed grain prices and adds to feed cost pressure relief for buyers.
agriculture.comCassidy WalterNov 14, 2025
dtnpf.comDTN StaffNov 14, 2025After 1,006 past bearish report events, WHEAT moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% 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.
After 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.
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.
