10/23/26 Afternoon CommStock Report – Re-ownership Ideas for Harvest Pressure Easing Soon

The Commstock Report is a twice daily market report. 10/23/2026 Re-ownership Ideas for Harvest Pressure Easing Soon PLEASE REFER TO THE BROKER COMMENTARY PAGE FOR UPDATES!! Click Above to Watch Brian’s Afternoon Market Update Most farmers are likely to make sales during harvest, many had already contracted sales ahead of harvest. The University of Illinois once conducted a survey that found a surprising 91 percent of farmers made pre-harvest crop sales. Other studies have aligned with USDA estimates to show farmers usually having roughly one-third of corn and soybean crops contracted before harvest, although that number would fluctuate according to price levels. Trader positions data suggests that farmers may have conducted pre-harvest sales to a greater degree this year, taking advantage of previously much higher futures prices. In the market’s run up to September, farmer selling was more than absorbed by speculative buying. Farmer selling has swamped the market since then. The sheer size of the ongoing grain harvest was overwhelming buying interest in the futures market as farmers sold large volumes of corn and soybeans while speculative traders simultaneously reduced their exposure. Now that harvest has advanced past its halfway point, seasonal pressure can begin to ease as more of the…