Tidbits, Carryover Estimates, Farm Income, Barges, Bitcoin, Export Sales 2/6/26
- Wright team
- 17 minutes ago
- 4 min read
Tidbits
Next Tuesday, February 10, the USDA will release its S&D (WASDE) report.
Reuters released its survey of analysts ahead of the report, showing an average 2025/26 carryout estimates:
Corn - 2.227 billion bushels (same as in January S&D)
Soybean - 347 million bushel (350 mil in January)
Wheat - 918 million bushels (926 mil in January)
Yesterday’s soybean trade volume reached roughly 930,000 contracts, marking a new all‑time record.
U.S. net farm income would fall 0.7% to $153.4 billion this year, as the Agriculture Department forecast yesterday, despite near-record government payments that are expected to account for nearly 29% of producers’ bottom line. When adjusted for inflation, net farm income is projected to decrease by $4.1 billion or 2.6%. Without government payments, net farm income this year would fall nearly 12% to $109.1 billion, according to agency data.
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