Your Pro Farmer newsletter (June 20, 2026) is now available

Soybeans helped set the tone in a holiday-shortened week, with markets closed Friday for Juneteenth. Rumors of Chinese interest in new-crop purchases helped beans build on a bounce off multi-month lows, with USDA on Thursday affirming a purchase by China after an earlier flash sale to unknown destinations. Gains for soybeans lent strength to corn as futures bounced off contract lows. Wheat futures also rebounded off recent lows. Bulls are hoping massive fund liquidation across the ag complex has run its course, while weather remains favorable for early crop development, albeit with overly wet pockets that are sparking some concern. Cattle futures rallied to fresh near-term highs, with U.S. screwworm cases reinforcing tight supplies. Hog futures saw sideways trade above recent lows amid plentiful supplies. We cover all this and more in this week’s newsletter.