Pro Farmer
Nearly half of Oklahoma and Nebraska wheat is rated poor to very poor as record heat and extreme moisture deficits stress the 2026 Hard Red Winter crop.
While the S&P 500 hits record highs, a 46% surge in diesel and restricted fertilizer flows through the Strait of Hormuz mean ag input costs might not normalize until at least 2028.
Corn futures continue to push higher and are leading strength, while soybeans followed to the upside overnight.
Stormy, windy in the Midwest, Plains states the next couple days
A Farmer’s Keeper survey of 4,000 farmers shows 20% are cutting corn acres as record fertilizer prices and supply gaps force last-minute shifts toward soybeans and other crops to protect profitability.