News
Bill Watts and Lane Akre discuss the weather outlook, crop conditions and a big soybean purchase by China; Spencer Langford dissects the cattle market’s reaction to the border reopening and highlights a telling statistic.
Corn and soybeans have negated their summer rallies and are beginning to trend lower on the daily bar chart.
Wet weather forecasts see corn and soybeans begin August under pressure...
Summertime grain rallies have likely run their course
Senate Agriculture Committee to hold markup on Aug. 6
Corn, soybeans and wheat are each trading near recent lows with wheat leading the way lower this morning.
Grain markets poised for technically bearish weekly low closes today
Spring wheat acres now at the highest so far in 2026
Corn and soybeans reluctantly followed wheat higher after hitting support levels early in the overnight session.
Grain futures see near-term chart damage inflicted this week
‘Surprise’ hike could extend dollar rally, creating headwind for ag commodities
Wheat saw relative strength overnight.
U.S.-Iran hostilities resume, rallying crude oil prices
Data shows soybean crush and renewable diesel output are hitting all-time highs, driven by strong domestic biofuel policy, while new U.S. tariffs on Brazilian tallow add fresh demand in the biofuel feedstock market.
Soybeans and wheat saw selling pressure overnight though did see an increase in buying going into the break.