News
Two months after a National Corn Growers Association study showed U.S. farmers paying 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.
Grains were technically overdone on the upside and due for downside corrections
A day before Trump paused tariffs on 300,000 metric tons of beef imports, WSJ reports he met privately with JBS co-owner Joesley Batista, tying the move to a firm under DOJ scrutiny as cattle producers push back.
Corn futures kicked off September at contract highs after posting the biggest August percentage gain since 1980. History shows September can go either way after extreme August rallies, underscoring the need for a solid marketing plan.
Corn, soybeans and wheat each hit a fresh contract high overnight, but have since encountered staunch resistance.
USDA’s latest Global Food Assessment shows low- and middle-income nations’ grain demand outstripping production through 2036, signaling strong opportunities for U.S. feed and protein exports.