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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.

USDA is launching an $8.5 million sterile fly dispersal facility in southern Texas and unveiling a sweeping five-part plan to boost surveillance, response and eradication efforts at the border and beyond.

June 18, 2025