Successful Farming Daily, October 12, 2026

USDA’s latest WASDE report adds 400 million bushels to projected U.S. corn supplies in just two weeks, raising fresh questions about crop estimates and the outlook for grain prices.

On Monday’s SF Daily, host Lorrie Boyer breaks down the market reaction, shifting trader positions, cattle gains, and weather risks facing the Midwest.

🌾 Wheat: Money managers cut net-long positions in hard red winter wheat while increasing bearish bets on soft red winter wheat.

🌽 Corn & Soybeans: Corn supply projections surge as speculative funds trim bullish positions, while soybean net longs grow despite limited changes to the overall balance sheet.

🐄 Livestock: Live cattle and feeder cattle futures post strong Friday gains, while wholesale beef prices move in opposite directions.

🌦️ Weather: Warm, windy conditions elevate wildfire risk in eastern Iowa and northern Illinois, with thunderstorms and possible late-week frost ahead.

📈 Other major market news: CFTC positioning data offers a look at how managed money is responding to shifting grain market fundamentals.

SF Daily delivers fast, actionable agriculture news on grain markets, livestock, USDA reports, farm weather, and ag business.

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