Feed & Grain reported that the July WASDE projected corn 2025/26 ending stocks down 90 million bushels after cuts to supply and a 115 million bushel production reduction. The report also cited Delta flooding that reduced U.S. rice production by 7.9 million cwt and stronger soybean oil demand for biofuels.
Smaller corn supplies and higher soyoil demand for biofuels support feed grain and oilseed-related prices, while lower rice output tightens that market.
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 296 past bullish report events, Soybean Oil moved a median -0.0% over 5 sessions (49% higher; middle half -1.8% to +2.0%), and -0.5% over 20.
After 88 past bullish report events, Rough Rice moved a median +0.0% over 5 sessions (50% higher; middle half -1.5% to +2.1%), and +2.5% 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.