The Pro Farmer tour starts today Futures opened the week on the defensive, with grains and oilseeds posting moderate declines. Much of the pressure comes from correcting last week’s rally, with the soy complex taking the brunt of the losses. Support for soybeans comes from Friday’s stronger-than-expected NOPA crush report—July crush volumes reached a six-month…
December corn trades back above 400 overnight after this week’s large corn production number. This morning’s grain trade is higher, with December corn trading over 400 despite the USDA’s big, beautiful 16.742 billion bushel corn crop forecast. Demand is the focus, and the world stocks to use for corn is 9.2%. It’s not exactly comfy…
The grain trade relaxes from yesterday’s price rise. Profit-taking emerged in the overnight trade, which came as little surprise after yesterday’s strong rally. The soy complex in particular had logged two consecutive sessions of gains. Fundamentally, little has changed in the market since Tuesday’s WASDE release. U.S. weather remains less than ideal, with additional reports…
Soybeans continue their impressive price rise overnight. Soybeans are extending yesterday’s strong performance, corn is working on a rebound, and wheat is trading with mixed direction. The surprise cut to the U.S. soybean stocks-to-use ratio was the primary source of yesterday’s strength, as tighter new-crop inventories will require rationing. Any further production downgrade at this…
USDA WASDE Crop Acreage Report 7/11/25 Production and carryout on corn bearish increased yield and harvestable acreage, carryout number on soybeans bullish because of usage and lowered harvestable acreage.
WASDE August Crop production report out at 11:00 a.m. CT. This morning’s trade is driven mainly by final positioning ahead of today’s WASDE release. Expectations are for increases in both corn and soybean production, as well as higher ending stocks. From July’s estimate, corn output is projected to rise by about 300 million bushels, while…
Pres. Trump’s Truth Social posting Sunday night had soybeans exploding above $10.00. What started as a normal soft opening in the Sunday night trade for grains turned into an explosive rally for soybeans after 10 PM. Trump posted on social media that China has a shortage of beans, and the US will be glad to…
Wheat and soybean prices this morning are higher on the week if the grain trade doesn’t change that by today’s close. This morning’s grain trade is mixed with wheat maintaining yesterday’s gains while corn and soybeans drift slightly from yesterday’s higher closing on demand. Export sales were well above expectations for corn at over three…
Short covering dominates after yesterday’s corn reversal. Grain futures are higher this morning after corn’s impressive reversal on Wednesday, breaking below 4.00 and closing at its high for the day. Export sales out this morning were impressive, with new crop corn over 3 MMTs and wheat at 737,800 MTs. Short covering is occuring ahead of…
Soybeans firm on recovering soybean oil. This morning’s grain trade has firmer soybeans, following soybean oil rebounding as crude oil gains nearly $1.00. Pres. Trump has escalated his threats to India that he will raise their tariffs if they continue to buy Russian crude oil. The deadline is fast approaching for Russia to produce a…
