News
Based on our Crop Condition Index, all states except Kansas (unchanged) and Colorado (up 1 point) declined during February.
China, Canada retaliate | Mexico to respond today | More Trump tariffs expected
Corn inspections during the week ended Feb. 27 rose 185,000 MT from the previous week and landed near the upper end of analysts’ pre-report range. Wheat inspections rose modestly, while soybean inspections declined 183,000 MT.
Corn and soybeans are under light pressure with wheat futures higher to start the week. Cattle futures are lower with lean hogs mixed...
Wheat futures mildly supported by sharp losses in the U.S. dollar.
Short-term trend is also now bearish for hog futures
USDA Sec. Rollins gives $10 billion farmer aid program a name: ECAP
Corn futures faced light followthorugh selling overnight, while wheat firmed.
Tariffs update | U.S. investigation into lumber imports | Zelenskyy | Employment report | Cal-Maine family cashes out amid egg price surge
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Attendees kept their focus on the industry even as the disruptions in Washington and across the country continue to come from the Trump administration.
Grains are expected to open with a modestly firmer tone this morning, though fund selling remains a risk to prices.
Corn, soybean and wheat futures modestly bounced from Thursday’s losses during the overnight session.
Trump’s tariff strategy impacting global markets | Push and push back for year-long CR
Market Watch table for Feb. 27, 2025
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Corn sales during the week ended Feb. 20 totaled 794,700 MT, down 45% from the previous week, while wheat sales were down 50% at 269,900 MT.