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USDA raised its feed grain supply estimate, and the feedstuffs leaderboard was unchanged because no new quotes were published since the prior week. Soybean meal remained a relatively expensive protein source per unit of crude protein.
A larger feed grain supply outlook is bearish for corn and grain-based feed prices, while the lack of new quotes leaves little fresh price signal.
the-ration.comOct 15, 2026After 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.
After 250 past neutral report events, Soybean Meal moved a median -0.1% over 5 sessions (49% higher; middle half -1.6% to +1.7%), and +0.4% 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.
