This week on The Grain Feed, Jim, Jake, and Verl break down a deceptively quiet December WASDE that still sent ripples through corn, soybean, and wheat markets. After an early brawl over hard red vs. soft red winter wheat, the team walks through crop conditions, dormancy fundamentals, and why Kansas City wheat continues to command protein premiums.

With corn exports running hot, the group discusses how strong global demand is propping up prices despite a hefty 2-billion-bushel balance sheet. Soybeans, meanwhile, continue their descent as China’s anticipated buying program fails to materialize—raising real questions about whether USDA will be forced to cut export projections in the January report.

Jake also delivers a deep dive into protein and soybean meal, exploring crush margins, renewable diesel policy uncertainty, and how future EPA mandates could shift domestic oil and feed values.

Packed with market insights and weather chatter, this episode gives producers a grounded, practical view of what’s moving grain markets heading into 2026.

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