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USDA Releases Dec WASDE Report

The USDA is still projecting corn production at 13.66 billion bushels, while soybean production is expected at 3.55 billion.
 
Tuesday's WASDE report also left yields unchanged, with the average corn yield pegged at 167 bushels per acre, with soybeans at 46.9.
 
Revised crop estimates for 2019 will likely be seen in next month's WASDE report, due to the millions of bushels of grain still unharvested.

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Funds are Long the Grain & Oilseed Complex for the 1st Time Since Feb of 2025! BULLISH PRICES!

Video: Funds are Long the Grain & Oilseed Complex for the 1st Time Since Feb of 2025! BULLISH PRICES!


The funds (managed money) crowd/spec are now net long the grain complex! The AI King Nvidia reported 4th quarter earnings that surpassed Wallstreet estimates but the stock falls? Trump retaliates against U.S. supreme court decision to impose an additional 15% global tariff. FDN (First Day Notice) and month end fund selling in March futures were absent in 2026. Crude oil futures adding more geo-politics, weather turns more active for March, plus South America weather and the latest CFTC report.