Oct 09 | Commodity Week

The October 9, 2026, broadcast of Commodity Week features host Todd Gleason leading a panel discussion with market analysts Logan Kimmel, Ellen Dearden, and Jim McCormick regarding the fallout from the day's USDA crop production and supply and demand estimates. The experts highlight the unexpectedly bearish data for the corn market, emphasizing a 2.7-bushel increase in the national yield estimate driven heavily by an 11-bushel jump in Nebraska. This revision pushed projected corn ending stocks to 1.849 billion bushels and triggered a sharp price sell-off. Conversely, the soybean outlook remained relatively neutral with a minor yield adjustment up to 53.1 bushels per acre. Despite the immediate market shock and harvest-time pressure, the panelists advise producers against panic selling. They note that underlying macroeconomic factors, including energy inflation, high diesel prices, and potential South American crop risks tied to a building El Niño, could provide longer-term price support into the winter.

Panelists
- Ellen Dearden, AgReview
- Logan Kimmel, Roach Ag
- Jim McCormick, AgMarket .net