Pro Farmer
Rain and cooler temps were welcome after intense July heat, though the high temps have returned in the mid- to lower Midwest, raising concern for the soybean crop as it advances through its most critical growth stage.
After years of dry falls, a historic El Niño could cut U.S. farmers’ fall field-workable days by 20%, Nutrien’s Eric Snodgrass warns, while drying delays and flat acreage threaten Brazil and Argentina’s 2026-2027 crop.
Bill Watts and Spencer Langford look ahead to this week’s USDA crop production and supply-and-demand data; Hillari Mason on how an August checklist can help reduce harvest-time headaches.
Position-evening continues to drive price action
Wheat leads the way higher on Black Sea concerns, while traders position ahead of Wednesday’s USDA reports...
Grain traders positioning ahead of Wednesday’s WASDE report.
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Sentiment in the July Ag Economists’ Monthly Monitor is improving and no one sees the downturn deepening, but interest rates, elevated input costs and corn’s shaky price outlook still cloud the path to 2027.
The Senate Agriculture Committee failed to advance its Farm Bill after a 10-11 vote yesterday, with disagreements over Supplemental Nutrition Assistance Program (SNAP) cost-sharing preventing the measure from moving forward before Congress’s August recess.