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USDA Crop Acreage Report 9/30/26 At a glance, the stock data was bearish for corn estimates, friendly for soybeans, and neutral for wheat. Small grains data showed an overall increase in the All-wheat category, with winter wheat above 1 Bil Bu, while spring wheat was lower. 

Hogs and Pigs 9/24/26 All Hogs is friendly compared with pre-report estimates. Breeding inventory is friendly for the deferred contracts, while Market Hogs are a bit disappointing for the nearby.

Cattle On Feed Cattle on Feed Reports usually aren’t far off the mark, but the September report put placement numbers well below average trade guesses. All three categories were friendly to pre-report guesses. Given recent market weakness look for a higher opening, barring outside events, when trading resumes on Monday.

USDA Crop Report Corn is friendly to prereport estimates. Old crop was reduced a bit more than expected, along with the relief that yield came in lower. Soybeans were slightly negative, as new crop carryout stayed above 300, while wheat was left unchanged from last month.

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Cattle Reports Today’s USDA COF report is friendly to pre-report estimates, with placements nearly 5% below average guesses; on-feed numbers are slightly lower than the trade was looking for, and marketing is slightly better. Anticipate a higher start on Monday based on the USDA data, unless we can invent another new Black Swan Story.

USDA Crop Report Today’s USDA report is bullish for corn and friendly for soybeans and wheat, with production numbers lowered more than expected. The corn carryout is now below 1.7 billion bu and likely to decline even further, as the USDA failed to reflect the drop in European corn supplies in its world stocks numbers.

Cattle Reports The COF report was slightly friendly while the cattle inventory was slightly negative due cattle herd not reducing by 320k head as expected. The data shouldn’t be much of a market mover for Monday’s opening.

Hedge update on moving old crop corn, and taking profits on spec wheat. The overnight grain trade may have produced a short-term high, and if you have old-crop corn left to move, this rally needs to be rewarded. The next two weeks are a very bearish seasonal for grains, as it’s the cleansing window for…

Spec trade: Buy Sept Chicago at market, 640.4 with a 618 stop. Cashed prior wheat trade for a $1200 profit. Major support at the breakout valuation of 625-627 should be strong support along with the 38% retracement at 621.6 on any corrections if they continue develop. Read special report on Black Sea problems released this…