News
Only 9% of corn area and 7% of beans is covered by drought.
Above-normal rainfall is expected in the far eastsern Corn Belt, Delta and Southeast through October.
SRW and HRW basis improved despite ongoing harvest.
Weekly export sales were light, especially for old-crop corn.
Corn and soybeans pulled back from recent gains overnight, while wheat also weakened.
Brazilian meatpackers reconsider U.S. beef shipments amid tariffs.
Forecasts now signal hotter and drier conditions for late in the weekend and early next week.
After contract lows to open the week, December corn futures are working on three straight days of corrective gains.
Farm Credit Services of America’s mid-year appraisal shows values holding.
Farmers National Company highlights farmland market at mid-year
U.S., EU scramble to get trade deal; American tariffs on Mexican tomatoes return
Mostly favorable conditions for summer crop development are expected to continue for at least the next 10 days.
Corn futures pulled back from Monday’s corrective gains overnight, while soybeans and wheat extended their losses.
Soybeans are now rated above year-ago.
Limited upside for grain markets amid favorable weather, trade uncertainty.
Corn and wheat are mildly firmer with soybean futures choppy this morning. Livestock futures are slightly softer to start the week...
The list of major trading partners facing increased tariffs on Aug. 1 continues to build.