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Soybean sales rose noticeably during the week ended June 12, surpassing pre-report estimates. Corn sales rose 14% from the previous week.

Extreme heat will stress crops in the driest areas, though no extending blocking pattern is expected.

Cash corn, soybean and wheat prices are well under year-ago levels.

The Seasonal Drought Outlook shows the greatest area of risk for dryness is Nebraska, along with portions of southern South Dakota and far northern Kansas through September.

Soybean basis dropped sharply over the past week.

The pace and timing of anticipated rate cuts will be determined by inflation readings, tariffs policy and geopolitics.

Wheat futures surged higher today, helping pull new-crop corn higher.

Wheat futures surge higher, leading strength.

Cattle futures struggled to garner much bullish momentum following yesterday’s plunge.