Tidbits, China & Soybeans, Yield Reports, War Escalation, FOB 9/29/25
- Wright team
- Sep 29
- 5 min read
Tidbits
The Quarterly Grain Stocks Report will be issued tomorrow at 11 AM Central. This September stocks report includes a look back at the last three marketing years to see if the current inventory is reasonable given the crop production and consumption numbers of each of those years. Once every 10 or so years, there is a huge surprise in September. However, during the past six years, USDA has made some adjustments “out-of-schedule” for past marketing years.
The most recent out-of-schedule adjustment was in January 2024 when USDA changed the production numbers of the 2021 (reduced 56 million bushels) and 2022 (reduced 674 million bushels) corn crops and added those bushels to the 2023 crop. All that did was provide more evidence the USDA lied to us about the size of the 2019 corn crop when a third of the corn was planted in mid-June.
There will be nothing about the 2025 corn and bean crop production. However, the wheat production for 2025 will be finalized. The corn and bean inventory numbers will be carryout of the last year and carryin for the current marketing year.
Soybean yield report from West Central Indiana where a week ago the same farmer reported beans were yielding 70 bushels, 10 bushels less than 2024:
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