News
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.
Corn, soybeans and wheat each favored the downside overnight though selling pressure was rather limited.
Unsettled weather in Midwest next couple of days
Soybean ratings are now lower than at this time last year
Grain markets make steady gains while nearby livestock contracts slide
Weekly wheat export inspections slid 379,000 MT from the previous week, but were still within the expected pre-report range.
This week the team dives into what to expect from USDA’s Crop Production and WASDE reports.
USDA grant funding for farmers to test new practices, solve production challenges, and spread knowledge remains tied up and risks being sent back to the Treasury.
Corn and wheat futures are mildly higher with soybeans near unchanged. Cattle futures are trying to work higher with hog futures mixed...
Wheat led strength overnight with soybeans following modestly to the upside.
China soybean imports hit record high in August
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The latest U.S. jobs report, released this morning, shows the economy added just 22,000 jobs in August, far below expectations, while unemployment rose to 4.3%, the highest since 2021.
Corn, soybeans and wheat saw a relatively quiet night of trade, each seeing action on either side of unchanged.
Wheat sales for the week ended Aug. 28 were down 46% from the previous week and 51% from the four-week average. New-crop corn sales were strong, while net soybean sales were near the low end of pre-report expectations.
Late session push lands corn and soybean futures positive gains
Yesterday, the USDA released a report lowering its 2025 farm income outlook, citing weaker crop revenues that outweigh gains for cattle producers.