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A federal government shutdown suspended USDA's WASDE and weekly export sales reports during the week. The FAO raised its world grain production forecast to a record 2.97 billion tons, with higher wheat output in Canada and Russia and higher maize in the US and China.
Ukraine also expanded its winter wheat sowing projection by 8%.
Higher global output and a data blackout that removes official benchmarks point to ample wheat and corn supply, with added volatility once USDA data resumes.
grainsprices.comGate.BGSep 29, 2025After 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.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% 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.
