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Ahead of the Open | July 23, 2021 Corn, soybean futures lower, wheat firmer as trade eyes hot, dry Midwest outlook.

Evening weather update calls for less Midwest rain. French wheat crop ratings dip again, with heavy rains eroding crop prospects. Chinese soybean imports could slow 2H of 2021. Taper talk at the Fed.

After the Bell | July 22, 2021 Grain, soy futures tumble amid profit-taking, soft exports, hog futures fade from five-week high.

Frozen beef stocks dropped 4.3% during June whereas they typically hold near steady for the period.

Cash prices generally strengthened for grains, soybeans.

“Active weather prevailed across much of the South, East, and Midwest, as well as parts of the Plains, into the middle of July, followed by a southward shift in widespread shower activity,” today’s report says.

Senate GOP votes are in place next week to clear traditional infrastructure bill

Ahead of the Open | July 22, 2021 Grain futures slump in overnight sell-off, soybeans at one-week low.

On the other hand, wheat sales climbed in the face of rising futures prices, with USDA also reporting a small but unexpected sale for 2022-23.