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…

Morning Update

Turnaround-Tuesday in play. Turnaround Tuesday has made its presence felt in the overnight trade, following strong gains into Monday’s close. Despite the firm start to the week, a lack of fresh news and the beginning of the US harvest season are both applying pressure to the futures market. Yield results for corn and soybeans continue…

Morning Update

WASDE crop report this Friday. Grain futures opened the week trading in a narrowly mixed pattern. Corn is seeing modest pressure, while soybeans and wheat are posting slight gains. Weather is a key driver this morning, as frost has been reported in parts of the Northern Midwest. Although no major freeze events have been confirmed,…

Morning Update

Yields are starting to get lowered for the September 12 WASDE crop report Corn, soybeans, and wheat are trading on the plus side ahead of the weekend as short covering develops. This week’s pressure has come from a lack of bullish news, not from bearish news, and this has lessened selling pressure. Corn and soybeans…