10/09/26 Afternoon CommStock Report – Two in a Row for Bearish Corn Supply Surprises

The Commstock Report is a twice daily market report. 10/09/2026 Two in a Row for Bearish Corn Supply Surprises PLEASE REFER TO THE BROKER COMMENTARY PAGE FOR UPDATES!! Click Above to Watch Brian’s Afternoon Market Update The October crop reports were bearish on almost all accounts. Like the Sept. 30 grain stocks report, corn stood out for showing the biggest surprise, this time with yield jumping 2.7 bushels per acre on the month to 181.2. Most views were looks for a lower number, including with the thought that USDA should not have room to be too aggressive in either direction given the slimmer availability of samplings that could be collected from a delayed start to the Midwest harvest. As one could be suspicious of, the corn yield change was not linked to a sharp reduction of the harvested acreage percentage. Compared to the corn yield shock, it was far less surprising even that the soybean yield was taken up to what would be a new record of 53.1 bushels per acre. Also bearish was the report for wheat as exports were cut despite the higher production estimate coming into the balance sheet. Reasons for the corn yield surprise have to be surmised…