Chad Diederich retweetledi

WASDE Breakdown: Corn 🌽
📉 Planted acres pulling back to 95.3M, down from a massive 98.8M. Still historically large though.
🚜 Yield projected at 183.0 bu/acre, slightly off from 2025/26's strong 186.5 but still solid
📦 Total supply at 18.162B/bu, the 2nd largest on record, boosted by massive beginning stocks of 2.142B/bu
⬆️ Production easing to 15.995B/bu from 17.021B/bua, -6% pullback but still a massive crop
🐄 Feed & Residual use holding strong at 6,100B/bu livestock demand remains robust
⛽ Ethanol & byproducts steady at 5.600B/bu biofuel demand showing no signs of slowing
🌍 Exports dip slightly to 3.150B/bu from 3.300B/bu global competition keeping a lid on U.S. sales
💰 Farm price ticks UP to $4.40/bu from $4.15, modest improvement for growers 📈
🏦 Ending stocks ease to 1.957B/bu from 2.142B/bu still comfortable, not alarming
Bottom line: 🇺🇸 Corn in 26/27 looks like a managed pullback fewer acres, solid yields, and slightly better prices. No supply crisis here yet, just normalization to start
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