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Corn, soybean and winter wheat futures traded lower overnight as outside markets provided price pressure.

Basis continues to fall for both corn and soybeans amid seasonal pressure during harvest and shipping problems to the Gulf given low water levels.

Soybeans fall near two-month lows as U.S. harvest accelerates; wheat futures firmer on supply concerns, dryness in Plains.

StoneX raises corn yield estimate, OPEC+ expected to cut crude output and Taiwan chides Chinese military movement...

Scouts measured average corn yield potential of 183.81 bu. per acre. Pod counts in a 3’x3’ square averaged 1174.43.

Scouts measured average corn yield potential of 190.39 bu. per acre. Pod counts in a 3’x3’ square averaged 1100.75.

Scouts measured average corn yield potential of 190.71 bu. per acre for Illinois. Pod counts in a 3’x3’ square averaged 1249.70.

Full results for Iowa will be released tomorrow.

Kansas City and Chicago Federal Reserve Banks report farmland values rose in the second quarter but at only a moderate pace.

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