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“Treasury Secretary Bessent said this morning there would be an announcement next Tuesday on how the federal government will support American farmers while stating “we’ve got their backs,” Soderberg said. “With the likelihood of Trump money heading their way, the U.S. farmer is less apt to sell off the combine while storing whatever they can in hopes of a U.S.-China trade deal (or SA weather problem) enabling prices to recover. Storage capacity will likely becomes increasingly strained the deeper we get into harvest, particularly considering corn, beans and wheat stocks as of Sept. 1 were 250 mil. above expectations. Harvest should continue to roll nearly uninterrupted thru the end of the upcoming weekend. U.S. temperatures to remain well above normal through mid-October.”





