Corn Stocks Surprise, Diesel Squeeze and Cattle Consolidation Weigh on Producers

A surprise corn stocks revision, record-high diesel costs and shrinking marketing options for cattle feeders left producers with plenty to digest this week. Two market analysts, Mike Castle of StoneX in Kansas City, Missouri, and Scott Varilek
Friday, October 2nd, 2026 Program
USDA’s September 30 Grain Stocks report delivered an ugly surprise for corn, diesel is flirting with record highs, and rate hike expectations are swinging week to week. StoneX Senior Commodities Economist Mike Castle joins Jesse Allen on
Quiet Friday Trade Leaves Markets Looking Ahead to Weather and USDA

Friday’s grain trade was marked by very light volume, with crude oil attempting to recover while soybeans continued to trade in the red. Markets are still dealing with the hangover from Wednesday’s USDA Grain Stocks report, which
Thompson: Farm Bill Headed to President’s Desk by Year-End

(MADISON, WI) — House Agriculture Committee Chairman Glenn “GT” Thompson, R-Pa., says he is confident a new farm bill will reach the President’s desk before the calendar year ends, even as another deadline passes without a final