Soybeans were lower overnight with wheat and corn slightly higher. That was also today’s pattern, except that wheat found good buying soon after today’s session opened and traded 12 to 16 cents higher in all three wheat markets for most of the day. It was more talk about how bad the EU drought has gotten that pushed wheat higher. More angry words between the U.S. and China kept pressure on soybeans. The six- to 10-day U.S. weather forecast looks hot and dry across most of the Corn Belt and northern plains as today’s maps show:
This forecast should be somewhat positive to soybeans. The USDA will release their crop production estimates and supply/demand revisions (WASDE) this Friday. Corn and soybean markets should be t...
Markets are caught between reasons to keep selling and reasons to take another look. Fund liquidation and renewed peace talks are pressuring grains, while fresh export business and some diesel relief offer encouragement. Corn recovered nearly 10 cents from its low to finish higher, while soybea...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
