Kluis Questions USDA Corn Revisions After Market Selloff

USDA corn revisions and the market reaction lead today’s Ag News Update. Other stories include weaker farm equipment sales, agricultural lending conditions, accelerating U.S.-China trade separation and a federal court ruling affecting H-2A wages.

Listen to today’s Ag News Update:

Ag News Update – Tuesday 10/13/2026

USDA corn revisions are drawing criticism after a sharp futures selloff. Commodity analyst Al Kluis says recent grain stocks changes and a 2.7-bushel-per-acre yield increase effectively added about 480 million bushels of corn, intensifying producer frustration. Farm equipment demand also weakened in September, with U.S. tractor sales down 16.4% from a year earlier and combine sales down 10.9%. Frontier Futures broker Adam Knosalla says corn found buyers after briefly trading limit-down, while USDA raised projected exports by 25 million bushels. The World Trade Organization says U.S.-China trade separation is accelerating even as broader global trade fragmentation eases. Farmdoc daily reports agricultural lending reached $206.27 billion in the second quarter, while farm loan delinquencies improved from the first quarter. A federal court also ruled key parts of the 2025 H-2A wage methodology unlawful, leaving farm employers watching for a replacement system and possible backpay exposure.

Today’s Ag News Highlights

• Al Kluis questions the consistency of recent USDA corn revisions.

• U.S. tractor sales fall 16.4% while combine sales decline 10.9%.

• Corn attracts buyers after briefly trading limit-down following USDA’s report.

• Agricultural lending grows while second-quarter farm loan delinquencies improve.

• A federal court rejects key provisions of the 2025 H-2A wage methodology.