The Sunday evening markets held the same trend they have had for several weeks now. Corn and soybean futures were steady to slightly higher with wheat lower. They then gained a little more strength at this morning’s opening, and that brought wheat slightly closer to unchanged. U.S. Corn Belt weather looks good for harvest progress this week, although there is some concern about the slow soybean harvest percentage. There has also been more talk about damaged soybeans because of the siege of very wet weather. Below are the latest six-10 day precipitation and temperature outlooks.
U.S. equity markets were generally lower. The U.S. dollar was firm, and crude oil was steady for most of the session.
Corn FUTURES Corn traded...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...