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The grain market continues to lead strength while soybeans trade sideways.
Weekly USDA export inspections, crop progress reports on deck
Following a major stakeholder meeting, USDA is boosting survey sample sizes and moving data-focused offices out of D.C. to rebuild farmer trust and improve the accuracy of its agricultural reports.
July corn is pushing higher for the fifth consecutive session, leading strength, while wheat and soybeans saw relative weakness overnight.
Corn futures poke to three-week high
The U.S. Department of Justice is intensifying scrutiny across agricultural markets as rising food prices and input costs put pressure on both consumers and producers
The dry conditions have allowed for swift planting progress
Nearly half of Oklahoma and Nebraska wheat is rated poor to very poor as record heat and extreme moisture deficits stress the 2026 Hard Red Winter crop.
Wheat led strength overnight, soybeans led weakness and corn was caught in the middle.
USDA annual summary shows red-meat production fell 2% last year, with beef production down 4%.
Soybean meal once again an anchor weighing down soybeans
Corn futures continue to push higher and are leading strength, while soybeans followed to the upside overnight.
Stormy, windy in the Midwest, Plains states the next couple days
A Farmer’s Keeper survey of 4,000 farmers shows 20% are cutting corn acres as record fertilizer prices and supply gaps force last-minute shifts toward soybeans and other crops to protect profitability.
Soybeans led strength overnight with corn following to the upside. Both are trading near recent highs
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