Tidbits, Quarterly Stocks, Weather, Fuel, Inflation, Broilers & Ethanol 10/1/26
Tidbits
The corn inventory posted by USDA added 4 days’ of use to the carryout. Most analysts expect the 2026 corn yield to decline 2 bushels, which would fully offset the increased carry-in.
There was no reason for soybeans to sell-off 10¢ as the carryover number was 8 million bushels less than the market expected. The wheat carryover was 23 million bushels more than expected. While that is not a friendly number, it sure does not justify wheat losing nearly as much as it did yesterday.
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