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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
Use the link below or the QR code to access our acreage survey.
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.
Soybeans reacted positively after USDA released initial projections for 2025-26
Soybean futures have firmed and are trading near session highs this morning, while wheat is lower and corn is pivoting around unchanged.
EU to Trump: Don’t start a trade war | Trump team orders federal layoff plans within two weeks | USDA Outlook Forum highlights for U.S. crops, livestock
These initial projections released as part of the Ag Outlook Forum are based on the February WASDE Report.
Beef and pork inventories remain below year-ago and the five-year averages.
USDA has a five-point plan to address the situation.
Corn, soybeans and wheat each saw action on either side of unchanged overnight.
Corn, soybeans and wheat are near their session lows this morning following light, two-sided price action overnight.
Mexico moves to ban GMO corn planting | House clears budget resolution | Update on $10 bil. farmer aid plan | Will GOP claw back some biofuel tax incentives?
Soybean meal led strength in the grain and soy complex today. Cattle posted gains for the third straight session.