Back to today’s briefing

Story perspectives

Grain Prices Drop Amid USDA Stock Declines, Shutdown Worries

10/1/2025

28 4 Full Breakdown

Summary

Story summary

Grain prices weakened overnight; corn fell 1.5 cents and soybeans 3 cents.
U.S. Department of Agriculture (USDA) quarterly grain stocks show corn at 1.337 billion and soybeans at 323 million bushels, down 5.6%.
Wheat stocks may rise to 2.043 billion bushels, the highest since 2020.
A possible U.S. government shutdown could disrupt USDA reports and market operations.

History

Historical Context

The severe U.S. drought in 2012 caused corn prices to soar to $8.49 per bushel, with USDA reporting corn stocks at 1.337 billion bushels, a 5.6% decrease. This crisis highlighted vulnerabilities in U.S. agriculture, echoing past market fluctuations. Today, potential government shutdowns threaten to disrupt agricultural reporting and trade, reminiscent of earlier economic challenges faced by the sector.

1 of 2

Story summary

Grain prices weakened overnight; corn fell 1.5 cents and soybeans 3 cents.
U.S. Department of Agriculture (USDA) quarterly grain stocks show corn at 1.337 billion and soybeans at 323 million bushels, down 5.6%.
Wheat stocks may rise to 2.043 billion bushels, the highest since 2020.
A possible U.S. government shutdown could disrupt USDA reports and market operations.

1 / 2