Pro Farmer
Soybeans led the charge during the week ended May 29, rising 33% from the previous week while corn rose 3%. Meanwhile, new crop wheat sales continued to prove solid.
Frustrations with China appear to be rising.
Corn led strength overnight, posting impressive gains this morning, while soybeans and wheat followed to the upside.
Ag part of trade deals that could be announced ‘soon.’
The Trump administration wants countries to provide their best offer on trade negotiations by Wednesday.
Farmers noted a more optimistic view of U.S. ag export prospects, combined with a less negative view of tariffs’ impact on 2025 farm income.