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Tidbits, Farmers' Optimism, Brazilian Beans & Exports, Wheat Exports 10/8/25

Tidbits


U.S. farming: The Trump administration was expected to announce yesterday a plan to bail out U.S. farmers, but a White House spokeswoman said: “No decisions regarding new agricultural policies have been made.”


Dr. Michael Cordonnier cut his 2025 U.S. corn yield estimate by 1 bushel to 181 bpa, while the soybean yield forecast remained unchanged at 52 bpa. His bias is neutral-to-lower for both crops.


U.S. farmers are cautiously optimistic about the long term but facing softer near-term conditions, as per Purdue University and CME Group’s Ag Economy Barometer results. The Index of Current Conditions fell to 122, while the Index of Future Expectations rose to 128. Meanwhile September Farm Financial Performance Index dropped to 88, the third straight month of lowered 2025 expectations versus 2024. The Farm Capital Investment Index fell to 53, as fewer producers said it was a good time for major investments.

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