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  • Morning Update

    Pres. Trump and Pres. Xi have a phone call at 9:00 a.m. CT this morning Corn and soybeans are showing strength heading into the weekend, while wheat trades in a narrow, mixed range. The overall tone in the market is being shaped by collective trade positioning after a week of volatile price action. An increasing…

  • Morning Update

    Wheat seeks to be competitive with Black Sea origin. Grain futures are showing modest strength in overnight trade, though soybeans are under light pressure. With little in the way of fresh market-moving news, futures are lacking strong direction. Wheat is leading the way higher, supported by growing expectations that U.S. exporters will pick up demand…

  • Morning Update

    The grain trade remains firm after yesterday’s strength. After seeing some corrective action in the night session, the grain trade has a firm tone this morning. Yesterday’s gains continued as more US yield data comes in, and suddenly, there is radio silence from firms predicting 190 bpa corn. Heavy disease and drought pressure have some…

  • Morning Update

    Row crops find a turnaround-Tuesday. Corn, soybeans, and wheat are all trading firmer this morning as harvest progresses and more signs of crop stress surface. Corn yields in many areas are falling short of expectations and, in some cases, are coming in below last year’s levels. Soybeans are also facing their own challenges, with the…

  • Morning Update

    USDA reporting techniques in question. The overnight action went into corrective mode after last Friday’s strong recovery, with wheat choosing to trade firm following strength on French milling wheat and spot November soybeans heading for unchanged in the closing hour of morning trade. The monthly WASDE report from last Friday was slightly bearish, as even…

  • USDA Report

    USDA WASDE Crop Acreage Report 9/12/25 Corn acreage was increased by 1.4 million acres, while soybeans were increased by 200,000. With a modest reduction in yield, the USDA kept carryout on new crop beans at 300 million while maintaining corn carryout at last month’s 2.110 billion. Market reaction is friendly to the negative numbers, as…

  • Morning Update

    The September WASDE report is out at 11:00 a.m. CT. After a mostly firm night session, the trade turned mixed. The main event in today’s grain trade will be the release of the September WASDE report at 11:00 a.m. CT. Market expectations are mostly centered on modest adjustments to the August figures. For corn, analysts…

  • Morning Update

    Brazil’s final bean production is slightly lower than expected. Soybeans are showing strength this morning, while corn is steady. Wheat is having penny losses, with Chicago wheat making a new contract low. CONAB released its final crop estimates, and soybeans came in below the average trade guess, supporting soybeans this morning. Today’s session will feature final…

  • Morning Update

    A mixed and near steady start for this morning. After a soft night in trading on pricing, the morning wakes up to a mixed morning with minor strength in wheat while beans and corn find a near stable start to the day. As always, we are dealing with a lack of fresh news and low-volume…