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Grains are still lower for the week.

March soy crush tops expectations, corn-for-ethanol use a little slower than anticipated.

All but seven years since 1981 have had at least one rally in the summer.

Choppy trade persists across the agricultural complex.

Soybeans led strength in an otherwise unremarkable session.

Cash cattle prices look poised to break last week’s record.

Our updated monthly and quarterly price forecasts.

May 30, 2025

China is deliberately holding off on re-engaging in formal trade negotiations.

Outlook calls for drought in the western Corn Belt and Plains through July; most of the eastern Corn Belt will be drought-free.