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Tour scouts flagged Illinois’ struggles early last year, and similar warning signs are emerging.
China continues to chip away at soybean purchases
Today is an extra important trading day for the chart-based grain traders
Values Decline 3.7% on Inflation-Adjusted Basis
Disease pressure in Indiana and drought stress in Nebraska will be key factors to watch
Dryness in the western U.S. is also increasingly impacting cattle
Mild corrective pullbacks following yesterday’s gains
South Dakota corn ratings significantly below last year amid post-pollination heat, while Ohio’s late plantings and dry summer raise questions about ear counts and test weights.
Corn bulls need to show follow-through buying strength this week
From JBS Souderton’s $30 million value-added pivot to Tyson’s Nebraska shutdown, the processing sector is restructuring around high-efficiency plants, heavier carcasses and automated lines.
Cuts to yield were offset by increased acreage indications
USDA’s corn yield and ending stocks pegs landed below the average pre-report estimate, with harvested corn acres up by 1.2 million. Soybean production was slightly higher than expected despite a 0.3 bu. cut to yield due to a 1.4-million-acre-increase in harvested acres.
Corn, soybeans slightly higher on spillover strength from wheat
Major Ukraine drone strikes on main Russia Black Sea wheat-export terminals
Farmers hoping for rent relief in 2027 may face a tough reality: land values are holding firm, and cash rents are slow to follow margins lower.
Tapped by Secretary Rollins, Kip Tom is building a faster, satellite-driven replacement for NASS’s aging survey system, one he says could turn monthly reports into biweekly ones by year’s end for multiple crops.