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Fed meeting will focus on tapering timeline | Focus on Fed chairman’s presser

Ahead of the Open | July 28, 2021 Wheat futures surge as tour shows drought damage, corn, soybeans also higher.

Excessive heat continues for central U.S.; severe weather possible. Day 1 of spring wheat tour calculates a sub-30 bpa yield. Fed meeting ends today. CDC urges masks indoors for everyone in areas of surging cases.

Soybean futures gain after USDA crop ratings disappoint, corn fades from early gains, wheat mixed.

On an earnings call today, Archer Daniels Midland CEO Juan Luciano said the world lost 15 MMT of crop production due to bad weather over the past two to three weeks.

China wolf warrior attitude towards U.S. continues | Day 1 of FOMC confab

Ahead of the Open | July 27, 2021 Corn, soybean futures expected to trade higher after USDA crop ratings unexpectedly erode, wheat also higher.

Markets bounce as crop condition ratings slide. Sultry weather grips Northern Plains and western Corn Belt. Latest WHIP+/ag disaster bill authorizes up to $8.5 billion for eligible 2020 and 2021 disasters.

Find highlights from USDA’s latest Crop Progress and Condition Report.

Drought continues to hammer the U.S. spring wheat crop, while corn and soybean ratings slipped.