Episode 273: Unpacking the Final WASDE of 2025

The December WASDE dropped Tuesday, December 9th, bringing home what’s been a tumultuous year of grain market news in the U.S. and beyond. 

Though the Department of Agriculture is still catching up on some reporting that was disrupted during the government shutdown, the coming of this relatively quiet report — which anticipates a more active January WASDE — marks a much-anticipated return to normalcy. 

To help us understand the latest we’re joined once again by DTN Lead Analyst Rhett Montgomery. This week he’ll give us important insights on his expectations going into the report, and offer analysis on why the market has reacted, and failed to react, to the new information as might be expected.

Then we’ll dive into the global and domestic balance sheets for the major grains, illuminating key hopeful nuggets you might have missed in the corn and soybean data, and highlighting why the world wheat picture continues to look challenging.

Finally, we’ll hear what Rhett will be watching over the holiday season and into the New Year, from weather to interest rates.