Eddyville

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Market Commentary 10/14/2026      

December corn settled 2¢ lower at $4.8075, March corn fell 2¼¢ to $4.9425, and November soybeans lost 6½¢ to $12.7725. Harvest pressure appears to have outweighed fresh demand support: USDA’s Tuesday report showed soybean harvest jumping from 25% to 46%, versus 50% average, while corn advanced from 23% to 33%, versus 39% average. Corn’s good/excellent rating improved from 54% to 56%; soybeans held at 57%. Beans failed to retain overnight gains despite USDA confirmation of a 17.3-million-bushel soybean sale to China. Another meaningful development is EPA’s new proposal to restore additional waived 2025 biofuel obligations in 2026 and/or 2027, potentially supporting corn and soybean-oil demand, though the rule remains pending. Crude rose 95¢, but December soybean oil fell 0.96¢ per pound, showing that energy strength provided little visible support to beans today. Have a great day!