News & Publications
August 13, 2026
WCIA Interview with Stu Ellis
USDA's August Report Sends Corn Market Soaring
The Corn Belt got its own version of a drought-breaking rain this week except it came in the form of good news, not water. The USDA's August crop report, released Wednesday, sparked a wave of relief across the market, with the noon report alone driving corn prices up 20 cents.
Brian Bastings of Advance Trading's Bloomington office joined Stu Ellis to unpack what's behind the rally, what the numbers actually mean for growers, and how to think about next steps heading into harvest.
