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Ben Brown of University of Missouri Extension said USDA's quarterly Grain Stocks report showed about 200 million bushels more corn than expected as of September 1, adding to record new-crop supply. He noted reduced feed use from fewer cattle and no feeder cattle from Mexico, plus pressure from sorghum and a larger wheat crop.
Heavier corn supply and cheaper competing feed grains should keep corn and sorghum prices under pressure, which gives livestock feeders a chance to buy feed more cheaply.
brownfieldagnews.comCarah HartSep 30, 2025After 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.
Not enough comparable past events yet for a historical read.
After 1,006 past bearish report events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.6% to +1.8%), and +0.3% 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.
