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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

SCOTUS asked to rule on legality of Trump’s ‘Liberation Day’ tariffs.

Wheat saw relative strength, soybeans consolidated near recent highs and corn saw moderate weakness overnight.

The broader marketplace is monitoring escalating tensions in the Middle East and awaits Fed commentary and other macroeconomic developments.