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The August WASDE projected a record U.S. corn crop of about 16.74 billion bushels and higher corn ending stocks. Soybean supplies were smaller than expected, and wheat tracked corn lower on ample global supplies.
December corn futures fell 3.3% to a contract low.
Record corn output and heavier stocks weigh on feed grain prices and lower the cost of corn-based feed. A tighter soybean balance supports soybean meal prices for feed buyers.
cheesereporter.comAug 15, 2025
home.saxoOle HansenAug 13, 2025After 273 past bearish report events, Milk (Class III) moved a median -0.2% over 5 sessions (39% higher; middle half -1.3% to +0.4%), and -1.4% over 20.
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.
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 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.
