News
USDA also begins tracking national corn harvest progress
Bill Watts and Hillari Mason discuss the state of the crops, fund demand and El Nino ahead of this Friday’s USDA data. Spencer Langford takes a close look at the Trump administration’s latest cattle announcements.
Wheat led strength overnight following peace talks around the Black Sea falling apart.
Crude oil prices hit 3-mo. high as Saudi Arabia attacked by Iran-backed Houthis
Two months after a NCGA study showed U.S. farmers pay double what Brazilian farmers pay for some crop inputs, Iowa’s senior senator is asking President Trump to step in.
Corn, soybeans and wheat are each consolidating on the daily bar chart.
U.S. envoys heading to Russia, Ukraine to talk peace
Corn and wheat broke below yesterday’s low overnight, a key moving technical benchmark that had capped the downside over the past couple weeks.
Spotty rains failed to replenish soil moisture in a meaningful way
Record heat, a rare Pacific hurricane triplet, and a wobbly South American monsoon are the latest signs of a historic El Niño, and Nutrien’s Eric Snodgrass says it’s about to squeeze this fall’s harvest window, too.
Grain bulls need a shot of fresh, price-friendly fundamental news soon
But Survey Finds Wide Variation Across Regions
For the first time since June 2024, more farmers expect financial improvement ahead, yet investment intentions dropped in August as producers navigate an environment where ‘returns on large investment aren’t necessarily obvious.’
In corn and beans, each pullback over the last couple weeks has been limited by the prior day’s low, which remains a key benchmark in the ongoing steep uptrends.