Recent Energy Analysis
Summary of Futures
Jul 26 Corn closed at $4.1275/bushel, down $0.02 from yesterday's close. Sep 26 Wheat closed at $5.8975/bushel, down $0.1175 from yesterday's close. Nov 26 Soybeans closed at $11.5625/bushel, down $0.0075 from yesterday's close. Jul 26 Soymeal closed at $307/short ton, down $1...
Summary of Futures
Jul 26 Corn closed at $4.1475/bushel, up $0.0775 from yesterday's close. Sep 26 Wheat closed at $6.015/bushel, up $0.055 from yesterday's close. Nov 26 Soybeans closed at $11.57/bushel, up $0.22 from yesterday's close. Jul 26 Soymeal closed at $308.2/short ton, up $4.6 from ye...
Mid-Year Cow-Calf Profitability Projections
Key Takeaways: Despite rising cost pressures — including the recent run-up in fuel and energy costs — U.S. cow-calf producers are facing another year of record-breaking revenues and net returns for 2026. Cost pressures — particularly non-feed variable costs — and...
Summary of Futures
Jul 26 Corn closed at $4.07/bushel, down $0.0275 from yesterday's close. Sep 26 Wheat closed at $5.96/bushel, down $0.01 from yesterday's close. Nov 26 Soybeans closed at $11.35/bushel, down $0.0675 from yesterday's close. Jul 26 Soymeal closed at $303.6/short ton, up $0.7 fro...
Soybean Crush Margin Forecast
What You Need to Know Today… Crush margins are set to pull back after their recent rallies, though U.S. markets will fare better than others. U.S. demand-led strength in soyoil pricing is a key driver of U.S. margin profitability and will remain so into mid-autumn. Soymeal prices are th...
Summary of Futures
Jul 26 Corn closed at $4.0975/bushel, down $0.0175 from yesterday's close. Sep 26 Wheat closed at $5.97/bushel, down $0.105 from yesterday's close. Nov 26 Soybeans closed at $11.4175/bushel, up $0.0025 from yesterday's close. Jul 26 Soymeal closed at $302.9/short ton, up $3.1...
Summary of Futures
Jul 26 Corn closed at $4.115/bushel, down $0.06 from yesterday's close. Sep 26 Wheat closed at $6.075/bushel, down $0.065 from yesterday's close. Nov 26 Soybeans closed at $11.415/bushel, down $0.0125 from yesterday's close. Jul 26 Soymeal closed at $299.8/short ton, down $1.5...
Summary of Futures
Jul 26 Corn closed at $4.175/bushel, down $0.035 from yesterday's close. Sep 26 Wheat closed at $6.14/bushel, down $0.0725 from yesterday's close. Nov 26 Soybeans closed at $11.4275/bushel, down $0.065 from yesterday's close. Jul 26 Soymeal closed at $301.3/short ton, down $3...
Summary of Futures
Jul 26 Corn closed at $4.21/bushel, up $0.0725 from yesterday's close. Jul 26 Wheat closed at $6.1275/bushel, up $0.1675 from yesterday's close. Jul 26 Soybeans closed at $11.32/bushel, up $0.02 from yesterday's close. Jul 26 Soymeal closed at $304.8/short ton, up $0 from yest...
Summary of Futures
Jul 26 Corn closed at $4.1375/bushel, down $0.0175 from yesterday's close. Jul 26 Wheat closed at $5.96/bushel, up $0.0625 from yesterday's close. Jul 26 Soybeans closed at $11.3/bushel, up $0.1075 from yesterday's close. Jul 26 Soymeal closed at $304.8/short ton, up $2.8 from...
Summary of Futures
Jul 26 Corn closed at $4.155/bushel, up $0.0275 from yesterday's close. Jul 26 Wheat closed at $5.8975/bushel, up $0.0525 from yesterday's close. Jul 26 Soybeans closed at $11.1925/bushel, up $0.0575 from yesterday's close. Jul 26 Soymeal closed at $302/short ton, up $0.7 from...
Peace Deal in Iran: What Does It Mean for Ags?
Early Sunday evening, President Trump and Iranian officials confirmed the two countries have agreed to a peace deal. The agreement notes the Strait of Hormuz will be reopened (though President Trump cautioned time would be needed “for purposes of mine removal”) and the U.S. bl...
Summary of Futures
Jul 26 Corn closed at $4.1275/bushel, up $0.01 from yesterday's close. Jul 26 Wheat closed at $5.845/bushel, down $0.0225 from yesterday's close. Jul 26 Soybeans closed at $11.135/bushel, down $0.015 from yesterday's close. Jul 26 Soymeal closed at $301.3/short ton, down $0.4...
Summary of Futures
Jul 26 Corn closed at $4.1175/bushel, down $0.0725 from yesterday's close. Jul 26 Wheat closed at $5.8675/bushel, down $0.0075 from yesterday's close. Jul 26 Soybeans closed at $11.15/bushel, down $0.08 from yesterday's close. Jul 26 Soymeal closed at $301.7/short ton, down $0...
Summary of Futures
Jul 26 Corn closed at $4.19/bushel, down $0.005 from yesterday's close. Jul 26 Wheat closed at $5.875/bushel, up $0.0225 from yesterday's close. Jul 26 Soybeans closed at $11.23/bushel, up $0.0925 from yesterday's close. Jul 26 Soymeal closed at $301.9/short ton, up $0.8 from...
Summary of Futures
Jul 26 Corn closed at $4.195/bushel, up $0.0075 from yesterday's close. Jul 26 Wheat closed at $5.8525/bushel, up $0.02 from yesterday's close. Jul 26 Soybeans closed at $11.1375/bushel, down $0.02 from yesterday's close. Jul 26 Soymeal closed at $301.1/short ton, down $1.6 fr...
Summary of Futures
Jul 26 Corn closed at $4.1875/bushel, up $0.0125 from yesterday's close. Jul 26 Wheat closed at $5.8325/bushel, up $0.0325 from yesterday's close. Jul 26 Soybeans closed at $11.1575/bushel, down $0.0575 from yesterday's close. Jul 26 Soymeal closed at $302.7/short ton, down $5...
CFTC COT Report Analysis
Friday’s CFTC report showed funds reducing net long positions across most of the major ag futures contracts for the third straight week. Funds reduced the all-ags net long by 188,000 contracts (23 percent), pulling back from the largest net long since at least 2016 forged just four weeks...
Summary of Futures
Jul 26 Corn closed at $4.175/bushel, down $0.07 from yesterday's close. Jul 26 Wheat closed at $5.8/bushel, down $0.0175 from yesterday's close. Jul 26 Soybeans closed at $11.215/bushel, down $0.08 from yesterday's close. Jul 26 Soymeal closed at $308.5/short ton, down $5.2 fr...
Summary of Futures
Jul 26 Corn closed at $4.245/bushel, down $0.07 from yesterday's close. Jul 26 Wheat closed at $5.8175/bushel, down $0.055 from yesterday's close. Jul 26 Soybeans closed at $11.295/bushel, down $0.245 from yesterday's close. Jul 26 Soymeal closed at $313.7/short ton, down $7.1...
Summary of Futures
Jul 26 Corn closed at $4.315/bushel, down $0.09 from yesterday's close. Jul 26 Wheat closed at $5.8725/bushel, down $0.1575 from yesterday's close. Jul 26 Soybeans closed at $11.54/bushel, down $0.1125 from yesterday's close. Jul 26 Soymeal closed at $320.8/short ton, down $5...
Summary of Futures
Jul 26 Corn closed at $4.405/bushel, down $0.035 from yesterday's close. Jul 26 Wheat closed at $6.03/bushel, down $0.0575 from yesterday's close. Jul 26 Soybeans closed at $11.6525/bushel, down $0.155 from yesterday's close. Jul 26 Soymeal closed at $326.2/short ton, down $0...
Cellulosic Ethanol Fell Short of Expectations, but New Opportunities Are Emerging
Key Takeaways: The Energy Independence and Security Act of 2007 set a goal of producing 16 billion gallons of cellulosic ethanol annually by 2022, but actual production reached only a small fraction of that target. High production costs, feedstock collection challenges, and technological hurdl...
Summary of Futures
Jul 26 Corn closed at $4.44/bushel, down $0.0275 from yesterday's close. Jul 26 Wheat closed at $6.0875/bushel, down $0.0175 from yesterday's close. Jul 26 Soybeans closed at $11.8075/bushel, down $0.06 from yesterday's close. Jul 26 Soymeal closed at $326.5/short ton, down $3...
Summary of Futures
Jul 26 Corn closed at $4.1275/bushel, down $0.02 from yesterday's close. Sep 26 Wheat closed at $5.8975/bushel, down $0.1175 from yesterday's close. Nov 26 Soybeans closed at $11.5625/bushel, down $0.0075 from yesterday's close. Jul 26 Soymeal closed at $307/short ton, down $1...
Summary of Futures
Jul 26 Corn closed at $4.1475/bushel, up $0.0775 from yesterday's close. Sep 26 Wheat closed at $6.015/bushel, up $0.055 from yesterday's close. Nov 26 Soybeans closed at $11.57/bushel, up $0.22 from yesterday's close. Jul 26 Soymeal closed at $308.2/short ton, up $4.6 from ye...
Mid-Year Cow-Calf Profitability Projections
Key Takeaways: Despite rising cost pressures — including the recent run-up in fuel and energy costs — U.S. cow-calf producers are facing another year of record-breaking revenues and net returns for 2026. Cost pressures — particularly non-feed variable costs — and...
Summary of Futures
Jul 26 Corn closed at $4.07/bushel, down $0.0275 from yesterday's close. Sep 26 Wheat closed at $5.96/bushel, down $0.01 from yesterday's close. Nov 26 Soybeans closed at $11.35/bushel, down $0.0675 from yesterday's close. Jul 26 Soymeal closed at $303.6/short ton, up $0.7 fro...
Soybean Crush Margin Forecast
What You Need to Know Today… Crush margins are set to pull back after their recent rallies, though U.S. markets will fare better than others. U.S. demand-led strength in soyoil pricing is a key driver of U.S. margin profitability and will remain so into mid-autumn. Soymeal prices are th...
Summary of Futures
Jul 26 Corn closed at $4.0975/bushel, down $0.0175 from yesterday's close. Sep 26 Wheat closed at $5.97/bushel, down $0.105 from yesterday's close. Nov 26 Soybeans closed at $11.4175/bushel, up $0.0025 from yesterday's close. Jul 26 Soymeal closed at $302.9/short ton, up $3.1...
Summary of Futures
Jul 26 Corn closed at $4.115/bushel, down $0.06 from yesterday's close. Sep 26 Wheat closed at $6.075/bushel, down $0.065 from yesterday's close. Nov 26 Soybeans closed at $11.415/bushel, down $0.0125 from yesterday's close. Jul 26 Soymeal closed at $299.8/short ton, down $1.5...
Summary of Futures
Jul 26 Corn closed at $4.175/bushel, down $0.035 from yesterday's close. Sep 26 Wheat closed at $6.14/bushel, down $0.0725 from yesterday's close. Nov 26 Soybeans closed at $11.4275/bushel, down $0.065 from yesterday's close. Jul 26 Soymeal closed at $301.3/short ton, down $3...
Summary of Futures
Jul 26 Corn closed at $4.21/bushel, up $0.0725 from yesterday's close. Jul 26 Wheat closed at $6.1275/bushel, up $0.1675 from yesterday's close. Jul 26 Soybeans closed at $11.32/bushel, up $0.02 from yesterday's close. Jul 26 Soymeal closed at $304.8/short ton, up $0 from yest...
Summary of Futures
Jul 26 Corn closed at $4.1375/bushel, down $0.0175 from yesterday's close. Jul 26 Wheat closed at $5.96/bushel, up $0.0625 from yesterday's close. Jul 26 Soybeans closed at $11.3/bushel, up $0.1075 from yesterday's close. Jul 26 Soymeal closed at $304.8/short ton, up $2.8 from...
Summary of Futures
Jul 26 Corn closed at $4.155/bushel, up $0.0275 from yesterday's close. Jul 26 Wheat closed at $5.8975/bushel, up $0.0525 from yesterday's close. Jul 26 Soybeans closed at $11.1925/bushel, up $0.0575 from yesterday's close. Jul 26 Soymeal closed at $302/short ton, up $0.7 from...
Peace Deal in Iran: What Does It Mean for Ags?
Early Sunday evening, President Trump and Iranian officials confirmed the two countries have agreed to a peace deal. The agreement notes the Strait of Hormuz will be reopened (though President Trump cautioned time would be needed “for purposes of mine removal”) and the U.S. bl...
Summary of Futures
Jul 26 Corn closed at $4.1275/bushel, up $0.01 from yesterday's close. Jul 26 Wheat closed at $5.845/bushel, down $0.0225 from yesterday's close. Jul 26 Soybeans closed at $11.135/bushel, down $0.015 from yesterday's close. Jul 26 Soymeal closed at $301.3/short ton, down $0.4...
Summary of Futures
Jul 26 Corn closed at $4.1175/bushel, down $0.0725 from yesterday's close. Jul 26 Wheat closed at $5.8675/bushel, down $0.0075 from yesterday's close. Jul 26 Soybeans closed at $11.15/bushel, down $0.08 from yesterday's close. Jul 26 Soymeal closed at $301.7/short ton, down $0...
Summary of Futures
Jul 26 Corn closed at $4.19/bushel, down $0.005 from yesterday's close. Jul 26 Wheat closed at $5.875/bushel, up $0.0225 from yesterday's close. Jul 26 Soybeans closed at $11.23/bushel, up $0.0925 from yesterday's close. Jul 26 Soymeal closed at $301.9/short ton, up $0.8 from...
Summary of Futures
Jul 26 Corn closed at $4.195/bushel, up $0.0075 from yesterday's close. Jul 26 Wheat closed at $5.8525/bushel, up $0.02 from yesterday's close. Jul 26 Soybeans closed at $11.1375/bushel, down $0.02 from yesterday's close. Jul 26 Soymeal closed at $301.1/short ton, down $1.6 fr...
Summary of Futures
Jul 26 Corn closed at $4.1875/bushel, up $0.0125 from yesterday's close. Jul 26 Wheat closed at $5.8325/bushel, up $0.0325 from yesterday's close. Jul 26 Soybeans closed at $11.1575/bushel, down $0.0575 from yesterday's close. Jul 26 Soymeal closed at $302.7/short ton, down $5...
CFTC COT Report Analysis
Friday’s CFTC report showed funds reducing net long positions across most of the major ag futures contracts for the third straight week. Funds reduced the all-ags net long by 188,000 contracts (23 percent), pulling back from the largest net long since at least 2016 forged just four weeks...
Summary of Futures
Jul 26 Corn closed at $4.175/bushel, down $0.07 from yesterday's close. Jul 26 Wheat closed at $5.8/bushel, down $0.0175 from yesterday's close. Jul 26 Soybeans closed at $11.215/bushel, down $0.08 from yesterday's close. Jul 26 Soymeal closed at $308.5/short ton, down $5.2 fr...
Summary of Futures
Jul 26 Corn closed at $4.245/bushel, down $0.07 from yesterday's close. Jul 26 Wheat closed at $5.8175/bushel, down $0.055 from yesterday's close. Jul 26 Soybeans closed at $11.295/bushel, down $0.245 from yesterday's close. Jul 26 Soymeal closed at $313.7/short ton, down $7.1...
Summary of Futures
Jul 26 Corn closed at $4.315/bushel, down $0.09 from yesterday's close. Jul 26 Wheat closed at $5.8725/bushel, down $0.1575 from yesterday's close. Jul 26 Soybeans closed at $11.54/bushel, down $0.1125 from yesterday's close. Jul 26 Soymeal closed at $320.8/short ton, down $5...
Summary of Futures
Jul 26 Corn closed at $4.405/bushel, down $0.035 from yesterday's close. Jul 26 Wheat closed at $6.03/bushel, down $0.0575 from yesterday's close. Jul 26 Soybeans closed at $11.6525/bushel, down $0.155 from yesterday's close. Jul 26 Soymeal closed at $326.2/short ton, down $0...
Cellulosic Ethanol Fell Short of Expectations, but New Opportunities Are Emerging
Key Takeaways: The Energy Independence and Security Act of 2007 set a goal of producing 16 billion gallons of cellulosic ethanol annually by 2022, but actual production reached only a small fraction of that target. High production costs, feedstock collection challenges, and technological hurdl...
Summary of Futures
Jul 26 Corn closed at $4.44/bushel, down $0.0275 from yesterday's close. Jul 26 Wheat closed at $6.0875/bushel, down $0.0175 from yesterday's close. Jul 26 Soybeans closed at $11.8075/bushel, down $0.06 from yesterday's close. Jul 26 Soymeal closed at $326.5/short ton, down $3...