# USDA Raises Feed Grain Supply; Board Holds Without New Quotes | The Ration

> 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.

- Date: 2026-10-15 · published 2026-10-15T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/569-usda-raises-feed-grain-supply-board-holds-without-new-quotes-the-ration
- Commodities: [Corn](https://feedsoft.ai/c/CORN.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

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.

## Read by commodity

- SBM: neutral
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| CORN | 2019-01-25 | [IGC updates global grain supply situation - wheat](https://feedsoft.ai/events/61036-igc-updates-global-grain-supply-situation-wheat.md) | +0.9% | +1.4% |
| CORN | 2026-01-12 | [US corn and wheat supplies rise in latest WASDE \| Feed & Grain](https://feedsoft.ai/events/12589-us-corn-and-wheat-supplies-rise-in-latest-wasde-feed-and-grain.md) | -2.8% | -1.7% |
| CORN | 2020-04-09 | [USDA raises corn, soy, wheat supply outlook - Country Guide](https://feedsoft.ai/events/53601-usda-raises-corn-soy-wheat-supply-outlook-country-guide.md) | -5.5% | -6.4% |
| CORN | 2019-08-29 | [Feed weekly outlook: New-crop expectations weigh on bids - Grainews](https://feedsoft.ai/events/57659-feed-weekly-outlook-new-crop-expectations-weigh-on-bids-grainews.md) | -3.0% | +1.1% |
| CORN | 2026-01-12 | [Grain Futures Drop After USDA Increases Crop-Supply Estimates - WSJ](https://feedsoft.ai/events/20993-grain-futures-drop-after-usda-increases-crop-supply-estimates-wsj.md) | -2.8% | -1.7% |
| SBM | 2026-01-20 | [USDA sees 2026 pork production rising to 28.2 billion pounds as hog prices slip \| Feed & Grain](https://feedsoft.ai/events/21199-usda-sees-2026-pork-production-rising-to-28-2-billion-pounds-as-hog-prices-slip.md) | +2.0% | +7.1% |
| SBM | 2025-01-14 | [US soybean production drops, global oilseed crush rises in 2024/25 \| Feed & Grain](https://feedsoft.ai/events/26590-us-soybean-production-drops-global-oilseed-crush-rises-in-2024-25-feed-and-grain.md) | -0.9% | -0.4% |
| SBM | 2023-08-16 | [Soybean supplies look tight, but more could be on the way \| Feed Strategy](https://feedsoft.ai/events/34514-soybean-supplies-look-tight-but-more-could-be-on-the-way-feed-strategy.md) | -0.5% | -0.8% |

## Sources

- the-ration.com: https://the-ration.com/issues/2026-10-15

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.