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Tidbits, Q&A: Soybean Pricing, Feb S&D, USDA Services, Farm Bankruptcies, Wheat 2/11/26

Tidbits


Yesterday’s February S&D increased 2025/26 U.S. corn exports, which reduced the marketing year carryover by ~5% or 3 days’ use. World corn carryover was lowered by 1 days’ use as well, it is the smallest in 9 years. World soybean and domestic wheat carryover rose about 1%.


The USDA is the world's gold standard for crop estimates, but it faces mounting doubts about the reliability of its data from farmers, grain traders and economists following deep staff losses and a sharp upward revision in how many acres of corn were harvested. The revisions prompted USDA's National Agricultural Statistics Service, which releases acreage estimates, to launch an internal review, said Lance Honig, a top NASS official.

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