News
Trade has remained relatively quiet ahead of this morning’s production and supply & demand reports from USDA.
Soybeans led strength overnight while wheat led weakness, falling to fresh contract lows.
Analyst’s expected net new crop corn sales to range from 900,000 MT to 2.4 MMT.
Trading in grains may be more subdued ahead of Friday USDA data
Yesterday, the Trump administration rolled out a wide-ranging report to address chronic disease in children, with more than 120 recommendations spanning nutrition, environmental exposures, physical activity, and stress.
Corn, soybeans and wheat each have favored a sideways tone much of this week ahead of key USDA reports due out Friday.
Focus turning to USDA supply and demand report Friday
What our supply and demand expectations are for both old-crop and new-crop.
According to data released yesterday, the U.S. agricultural trade deficit reached a record high for July 2025, with imports outpacing exports by $4.97 billion—an increase of about 9% compared to July of the previous year.