Morning Update

Grains maintained Tuesday’s gains while soybeans joined the lift. After a strong performance by wheat and corn on Tuesday, the strength maintained overnight carries through the morning session. Meanwhile, soybeans rechallenged early week lows and found demand in soybean oil and the bean product, creating a sharp recovery rally in the early morning hours. Comments…

Morning Update

Corn and wheat hint at a Turnaround-Tuesday. This morning, we are starting out with a mixed trade. Corn and wheat are finding traction for a turnaround on Tuesday, while soybeans bumped Monday’s lows, looking for stability above 10.00. Corn continues to be the best-performing grain contract, as we are now seeing flash sales picking up…

Morning Update

Argentina to remove its grain and soy export taxes through October 31 to boost its supply of dollars. Grain futures opened soft in the evening but were uneventful until early morning. At around 6:00: a.m. soybeans turned sharply lower as Argentina announced it would remove its grain and soybean export taxes to boost dollar supplies…

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…