Corn Down Slightly. Thursday, Oct. 9, 2025

Commodity Advisors. “The estimate is pegged just above 102 million metric tons for the first 10 months of the year. This further confirms that China is sourcing everything from South America, while tariff wars have cut off business with the U.S.” December CBOT wheat was up 3¼¢ at $5.10½ per bushel. December KC wheat was up less than a penny at $4.93½ per bushel. As of 9:30 a.m. CT, December Minneapolis wheat was up 4½¢ at $5.60. This morning, Naomi Blohm, senior market advisor at Total Farm Marketing, said grains are trading sideways as “fresh news is hard to come by.” The weekly U.S. Export Sales report and the October World Agricultural Supply and Demand Estimates (WASDE) report were scheduled for today but will not be released because of the government shutdown. “Basis is still improving,” she said. “As I indicated a few days ago, that quarterly Grain Stocks report [released last Tuesday] might be a blessing for end users who now have one more chance to secure cheap corn, as ...