For the first time since June 2024, more farmers expect financial improvement ahead, yet investment intentions dropped in August as producers navigate an environment where ‘returns on large investment aren’t necessarily obvious.’
In corn and beans, each pullback over the last couple weeks has been limited by the prior day’s low, which remains a key benchmark in the ongoing steep uptrends.
Grains were technically overdone on the upside and due for downside corrections
A day before Trump paused tariffs on 300,000 metric tons of beef imports, WSJ reports he met privately with JBS co-owner Joesley Batista, tying the move to a firm under DOJ scrutiny as cattle producers push back.
Corn futures kicked off September at contract highs after posting the biggest August percentage gain since 1980. History shows September can go either way after extreme August rallies, underscoring the need for a solid marketing plan.