
Successful Farming Daily, October 16, 2026
Grain markets struggle for fresh buying as U.S. harvest pressure builds, while widespread freeze warnings put the Midwest and Plains on alert. On SF Daily, host Lorrie Boyer breaks down the latest moves in corn, soybeans, ethanol, livestock, and farm weather for October 16. 🌾 Wheat: Grain markets remain cautious as a lack of fresh news and geopolitical uncertainty limit buying interest. 🌽 Corn & Soybeans: Harvest pressure weighs on futures, while firm cash basis levels and farmer reluctance to sell offer support amid growing concerns about dry corn and variable yields. 🐄 Livestock: Live cattle futures gain $1.57 to $212, and feeder cattle values climb, while wholesale beef prices move lower. 🌦️ Weather: Freeze warnings stretch across parts of Iowa, Minnesota, Wisconsin, Nebraska, and Kansas, with temperatures dipping into the 20s and low 30s. 📈 Other major market news: U.S. ethanol production rises to 1.065 million barrels per day, the highest since September 11, while inventories climb to a three-week high. SF Daily delivers fast, actionable agriculture news covering grain markets, livestock, weather, USDA reports, and ag business. Subscribe to SF Daily for weekday updates on grain markets, agriculture news, farm weather, livestock, and the stories shaping American agriculture. Learn more about your ad choices. Visit podcastchoices.com/adchoices













