The Pro Farmer newsletter (June 27, 2026) is now available

Trade saw positioning ahead of the June 30 acreage and grain stocks reports. Corn futures sank to fresh contract lows on largely favorable weather conditions across the Corn Belt. Forecasts for hotter conditions ahead and rumors of Chinese buying interest sparked a Thursday bounce. Soybeans held their ground as China made an appearance in the weekly export tally. Harvest progress kept wheat under pressure, while traders looked past a brutal Western European heatwave that lifted European wheat and corn futures. Cattle futures rose, with a surge in boxed beef values sparking firmer cash sales, while feeders were supported by continued worries over New World screwworm. Hog futures saw some modest short covering before and after a somewhat friendly Hogs & Pigs report. We cover all of this and more in this week’s newsletter.