Midday

The CME and Total Farm Marketing Offices will be closed Monday, September 1, in Observance of Labor Day

 

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• Corn futures are slightly lower at midday, pressured by cheap South American product now that harvest is finished. December corn is down 1/2 to $4.05-1/2.
• Weekly export sales for corn totaled 81 mb, which was on par with trade expectations. Year-to-date commitments now sit at 2.774 billion bushels, up 26% from last year.
• Despite potential disease threats to this year’s corn crop, LSEG has slightly increased corn production for the US to 415 mmt with yield at 185.4 bpa.

• Soybeans are weaker at midday, pressured by increased yield estimates. November soybeans are trading 4-1/4 lower to $10.43-1/4.
• Weekly export sales for soybeans were above expectations at 43 mb. Year-to-date commitments are up 11.6% from last year at 1.869 billion bushels.
• LSEG has raised their US soybean production forecast to 117 mmt, up slightly from the USDA’s estimate of 116.82 mmt.

• All three wheat classes are trading lower at midday, pressured by rising global production. December Chicago wheat is down 3-1/2 to $5.20-3/4.
• Weekly export sales for wheat came in at 21 mb which was in line with expectations. Year-to-date commitments total 445 mb, up 23% from a year ago.
• Argus has raised their wheat production forecast for Russia to 86.1 mmt, up from the group’s previous forecast in June of 84.8 mmt. If realized, this would be the third-largest wheat crop on record.
• Statistics Canada has upped their all-wheat production estimate for Canada to 35.548 mmt. This is up from the August estimate in 2024 of 35 mmt but down from the final output of 35.9 mmt a year ago.

Grain Market Insider is provided by Stewart-Peterson Inc., a publishing company.

Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.

Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies. 

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• Corn is trading lower at midday, pressured by a stronger U.S. dollar and improved rain prospects for the eastern Corn Belt in the second week of the forecast.
• Dr. Cordonnier forecasts a 15% increase in Argentina’s corn planted acreage this season, while Brazil’s acreage is expected to rise by 1–2%.
• Ukraine’s farm union has raised its corn production estimate to 29 million tons, up from the previous estimate of 28 million.
• Ethanol production fell to a 13-week low at 314.6 million gallons, down slightly from 315.2 million the previous week, and in line with year-ago levels. A total of 107 million bushels of corn were used in the production process.

• Soybeans are trading lower at midday across the entire soy complex, pressured by the extended forecast, which shows continued dryness across the Bean Belt over the next week before precipitation is expected to return.
• Soybeans pulled back from their highs after the visit with China was characterized as “unofficial,” with no future meetings scheduled with top U.S. trade representatives.
• Dr. Cordonnier estimates Argentine’s new crop bean planted area to be  down 500,000 ha this coming season while Brazil’s areas are forecast to be up 2%
• President Trump is following through with pressure on India to stop buying Russian soybean oil and has doubled the tariff on Indian goods to 50%.

• Wheat prices are mixed at midday with Chicago and HRW edging higher. December Chicago futures are up 4-1/2 to $5.34-1/4 while December HRW is up a penny to $5.21-3/4.
• Spring wheat ratings declined 1 point from last week to 49% good-to-excellent. This compares to 69% good-to-excellent last year. Spring wheat harvest advanced to 53%, up from 36% last week and up from 48% complete last year.
• Russia’s IKAR increased the countries wheat production estimate slightly from 85.5 mmt to 86 mmt. The group also raised the country’s export forecast to 43 mmt, up from 42.5 mmt previously estimated.

Grain Market Insider is provided by Stewart-Peterson Inc., a publishing company.

Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.

Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies. 

Grain Market Insider Interactive Quote Board

• Corn futures are lower entering midday. December futures are down 2-1/2 to $4.09-3/4 while the March contract is down 3-1/4 to $4.26-1/2.
• Monday’s Crop Progress report showed corn ratings held steady from last week at 71% good-to-excellent but is up from 65% good-to-excellent a year ago.
• According to AgRural, Brazil’s corn harvest is near the finish line at 98% complete with first crop planting at 3.2% so far.

• Soybean futures have reversed lower at midday after starting out the morning strong. November futures are down 1/4 to $10.47-1/2 while the January contract is down 1/2 to $10.67-1/4.
• Yesterday’s Crop Progress report showed soybean ratings improving 1 point from the week prior to 69% good-to-excellent. This compares to last year’s rating for the same week of 67% good-to-excellent.
• China and the US are scheduled to hold trade discussions this week which has led to some optimism of a deal being made in the near future.

• Wheat prices are mixed at midday with Chicago and HRW edging higher. December Chicago futures are up 4-1/2 to $5.34-1/4 while December HRW is up a penny to $5.21-3/4.
• Spring wheat ratings declined 1 point from last week to 49% good-to-excellent. This compares to 69% good-to-excellent last year. Spring wheat harvest advanced to 53%, up from 36% last week and up from 48% complete last year.
• Russia’s IKAR increased the countries wheat production estimate slightly from 85.5 mmt to 86 mmt. The group also raised the country’s export forecast to 43 mmt, up from 42.5 mmt previously estimated.

Grain Market Insider is provided by Stewart-Peterson Inc., a publishing company.

Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.

Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies. 

Grain Market Insider Interactive Quote Board

• Corn futures are firmer Monday morning, extending last week’s strength. December futures are 2 cents higher trading at $4.14.
• Last week’s Pro Farmer Crop Tour highlighted strong yield potential but still came in below USDA estimates, pegging the U.S. corn crop at 182.7 bpa versus USDA’s 188.8 bpa. The tour also noted widespread disease pressure, which could further limit yield potential.
• Cooler-than-normal temperatures across much of the Corn Belt should help ease emerging dryness stress. Forecasts also point to improved chances for meaningful rainfall in the western Corn Belt as early September begins.

• Soybean futures are slightly lower to start the week as prices consolidate near resistance. November futures are 6 cents lower trading at $10.52.
• Pro Farmer projected the national soybean yield at 53.0 bpa, just under USDA’s 53.6 bpa estimate. Pod counts were above last year in six of seven surveyed states, with Indiana the lone exception.
• On the bearish side, prospects for a grain-specific trade deal with China remain absent, while Chinese importers continue to favor Brazilian supplies. Purchases from South America are reported at 770 mb so far, 360 mb above last year’s pace, with buying extending into November.

• Wheat futures are higher across the board to start the week. December Chicago futures are 6 cents higher trading at $5.33-1/2. December Spring wheat futures are 3 cents higher, trading at $5.93.
• Pressuring wheat are fresh showers across the Southern Plains — particularly Kansas and Oklahoma — ahead of planting, along with weaker EU and Black Sea values as Russia and the EU compete for new export business.
• The Buenos Aires Grain Exchange reported that recent rains improved soil moisture across Argentina’s wheat region, aiding crop development and nutrient uptake. Planted area for 2025/26 is estimated at 6.7 million hectares, up from 6.3 million last season.

Grain Market Insider is provided by Stewart-Peterson Inc., a publishing company.

Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.

Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies. 

We are excited to offer you a new way to follow the markets! While CME Group policy changes mean our daily updates will no longer show pricing data, you can now explore our interactive quote board, featuring up-to-date charts to help you track market trends.

Grain Market Insider Interactive Quote Board

• Corn continues to see some weakness at midday, pressured by reports from the ongoing crop tour, which is uncovering record-high yield estimates in key production states like Iowa and Minnesota. The market remains focused on concerns that demand may struggle to absorb the large volumes expected to be harvested this fall, adding further weight to prices.
• USDA confirms the following sales of U.S corn for export in 2025/2026, 119,769 tons to Costa Rica and 140,452 tons to Spain.
• The percentage of U.S. corn acreage under drought conditions rose slightly this week, up 1% to a total of 5%, compared to 7% during the same period last year. However, forecasts call for precipitation over the next five days across Kansas, Colorado, Oklahoma, and Arkansas, which could bring relief to some of the driest regions.
• The International Grains Council raised their global production estimates for corn by 23 million tons to 1.299 billion tons, on a larger than expected U.S. and South American crop.

• Soybeans are trading higher at midday, with strength seen across soybeans and soybean meal. The market is finding support following news that Pakistan has signed an agreement to purchase 1.1 million tons of U.S. soybeans, shifting a portion of its buying from South America to the United States.
• The ongoing crop tour across the U.S. has uncovered several disease-related concerns in soybean fields. Sudden Death Syndrome (SDS) and white mold were among the most notable issues observed, raising red flags about potential yield impacts. In addition, drought conditions are expanding, with the percentage of U.S. soybean acres under drought rising by 6% over the past week, further adding to market uncertainty.
• The lack of buying from China continues to be a main concern for the soybean market, as the trade war continues.

• Wheat futures are mixed at midday with pressure from rising global production estimates and the continued influx of new wheat into the market as harvest progresses. The expanding supply outlook is weighing on prices, with traders closely watching both domestic and international developments.
• U.S. winter wheat acres under drought conditions rose by 2% this week, now totaling 31%, though still well below the 45% reported at this time last year. In contrast, drought coverage on hard red spring (HRS) wheat declined by 2%. Looking ahead, significant precipitation is forecast across the Southern Plains over the next week, which could bring much-needed relief to dry areas.
• Ukraine’s Economic Ministry has revised its wheat crop estimate to 21 million metric tons, down slightly from 21.7 million tons last season.
• The International Grains Council raised its global wheat production estimate by 3 million tons to 811 million tons, reflecting a stronger supply outlook. Meanwhile, Argentina’s crop conditions improved significantly, with 73% rated good to excellent — up 11% from last week — boosting expectations for the South American harvest.

Grain Market Insider is provided by Stewart-Peterson Inc., a publishing company.

Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.

Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies. 

We are excited to offer you a new way to follow the markets! While CME Group policy changes mean our daily updates will no longer show pricing data, you can now explore our interactive quote board, featuring up-to-date charts to help you track market trends.

Grain Market Insider Interactive Quote Board

• Corn futures are catching a bounce at midday with September futures trading 4-3/4 higher to $3.84-3/4 while the December contract is up 4-3/4 to $4.08-3/4.
• Weekly corn export sales were once again strong, coming in above expectations at 112 mb. Year-to-date commitments total 2.776 billion bushels, which is up 26% from a year earlier.
• According to the Buenos Aires Grain Exchange, Argentina’s corn planted area could be up 9.6% to 19.2 million acres this fall.
• The US is looking into unfair trade practices as Brazil imposes an 18% tariff on ethanol imports from the US, according to the National Corn Growers Association. This comes in the face of a large crop looming in the US.

• Soybeans are higher at midday, supported by strong export sales. November futures are up 10 to $10.46-00 while January futures are up 9-1/2 to $10.64-3/4.
• Weekly soybean export sales totaled 42 mb, which was towards the upper end of trade expectations. Year-to-date commitment sit at 1.876 billion bushels, up 11.5% from last year.
• The Pro Farmer crop tour has noted some exceptional yields but has also found some disease issues which could have an effect on final yield results.

• Wheat prices are leaning lower at midday. December Chicago futures are 1-3/4 lower to $5.26-½, December KC is up 1/2 to $5.23-3/4, Minneapolis wheat is up 1/4 to $5.89-1/4.
• Weekly export sales for wheat were lackluster, coming in at 19 mb. Year-to-date commitments total 424 mb, which is up 23% from last year and remains at a 5-year high.
• SovEcon bumped Russia’s wheat forecast up from 85.2 mmt to 85.4 mmt for the 2025/26 season. The group cited favorable weather conditions as the reason for the increase in production.
• LSEG left their wheat production estimate unchanged for the US, Canada, and Argentina. US is still pegged at 52.9 mmt, Canada at 35 mmt, and Argentina at 20.2 mmt.

Grain Market Insider is provided by Stewart-Peterson Inc., a publishing company.

Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.

Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies. 

We are excited to offer you a new way to follow the markets! While CME Group policy changes mean our daily updates will no longer show pricing data, you can now explore our interactive quote board, featuring up-to-date charts to help you track market trends.

Grain Market Insider Interactive Quote Board

• Corn prices are moving higher at midday, supported by news of U.S. corn sales. The fresh demand has provided a boost to market sentiment, offering a slight lift to the market.
• USDA confirms the sale of 100,000 tons of corn to Colombia and 125,741 tons to Mexico of U.S. corn for the 25/26 year.
• The Pro Farmer Crop Tour continues to report strong results, with Ohio and South Dakota showing particularly impressive performance — prompting talk of potential record yields. Nebraska also posted a solid showing at 179.5 bushels per acre, its highest yield since 2021 and well above the previous average of 173.25. While weather conditions have introduced some variability in the fields, the tour has generally found record-level pod and ear counts across key areas. Today, the tour moves through Illinois and Iowa, where results will be closely watched to further assess the potential of this year’s crop.
• Ethanol production declined to 315 million gallons last week, hitting a 12-week low compared to 321 million gallons the previous week and marking a 2.4% decrease year-over-year. Corn usage for ethanol production totaled 107 million bushels, averaging 15.26 million bushels per day—above the 14.92 million bushels per day needed to meet the USDA’s forecast.

• Soybeans are trading higher at midday, supported by a weaker U.S. dollar and optimism following a recent soybean sale to Mexico. Both soybeans and soybean meal are showing gains, while soybean oil is trading lower.
• As the Pro Farmer Crop Tour progresses across the U.S., scouts continue to report that soybean crops are in very good condition overall, with only minor trouble spots linked to localized weather issues. The tour is highlighting strong yield potential, with Nebraska and Indiana showing signs of possible record production.
• Traders remain concerned about China’s demand for the new crop, as uncertainty lingers over whether a trade agreement can be reached in time to capitalize on the typical U.S. export window in the fall and early winter.
• Brazil’s soybean exports for August are now projected at 8.9 million tons, up slightly from last week’s estimate of 8.8 million. Soymeal exports were also revised higher to 2.33 million tons, compared to 2.27 million previously. The increase comes as no surprise, with China continuing to turn to Brazil as a source for soybeans.
• The American Soybean Association sent a letter to President Trump yesterday, urging the administration to avoid further prolonging the trade war with China. They emphasized the financial strain U.S. farmers are facing due to persistently low prices and reduced export volumes to China. In the letter, the organization called on the President to make soybeans a key priority in ongoing trade negotiations.

• The wheat market posted gains at midday, supported by strength from a declining U.S. dollar, which is falling back toward recent lows.
• IKAR increased its Russian wheat production estimate by 1 million metric tons, bringing the total to 85.5 million tons. Meanwhile, the European Union is facing a crop that is 16 million tons larger than last year’s harvest.
• The U.S. spring wheat harvest has caught up to its typical pace and, as of this past Sunday, is approximately one-third complete.
• Potential rainfall expected across the Southern Plains over the next week is helping to ease concerns about soil moisture ahead of winter wheat planting.

Grain Market Insider is provided by Stewart-Peterson Inc., a publishing company.

Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.

Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies. 

We are excited to offer you a new way to follow the markets! While CME Group policy changes mean our daily updates will no longer show pricing data, you can now explore our interactive quote board, featuring up-to-date charts to help you track market trends.

Grain Market Insider Interactive Quote Board

• Corn prices continue to lean lower at midday, pressured by good crop conditions and higher yields. December corn is down 2-3/4 to $4.03-1/4.
• Monday’s Crop Progress report showed corn ratings slipping one point from last week to 71% good-to-excellent but remains above last year’s 67% good-to-excellent.
• Corn export inspections were down 30.99% from last week and 13.7% lower from the same week last year at 1.05 mmt. Mexico was the top destination, followed by Japan and South Korea.

• Soybean futures are drifting lower at midday on pressure from the rest of the grain market. November soybeans are down 9-3/4 to $10.31-1/2, while the January contract is down 8-3/4 to $10.51-1/4
• Yesterday’s Crop Progress report showed soybean conditions unchanged from last week and last year at 68% good-to-excellent.
• Soybean export inspections totaled 473,605 mt during the week ending August 14. This was 16.6% higher than last year but down 13% from the week prior. Top destinations were Egypt, Mexico, and Taiwan.

• Wheat prices remain lower at midday, pressured by peace talks between the US, Russia, and Ukraine. September Chicago futures are down 3-1/4 to $4.99-1/2 while the December contract is down 3-1/2 to $5.21-1/2
• Yesterday’s Crop Progress report showed spring wheat ratings improving 1 point to 50% good-to-excellent but remain well below last year’s conditions of 73% good-to-excellent.
• Russia’s IKAR has raised their wheat production estimate by 1 mmt to 85.5 mmt which has added to the downside pressure in wheat prices.

Grain Market Insider is provided by Stewart-Peterson Inc., a publishing company.

Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.

Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies. 

We are excited to offer you a new way to follow the markets! While CME Group policy changes mean our daily updates will no longer show pricing data, you can now explore our interactive quote board, featuring up-to-date charts to help you track market trends.

Grain Market Insider Interactive Quote Board

• Corn futures are trading near unchanged to start the week, following a strong close last Friday, as markets await fresh catalysts amid robust U.S. export demand.
• Forecasted cooler temperatures and weekend rainfall across much of the northern Corn Belt should support grain fill for the maturing 2025 corn crop.
• The southern corn harvest is accelerating, with Louisiana’s harvest projected to exceed 65% completion this week and Arkansas nearing 20%. Strong yields, up significantly from last year, are straining storage, prompting some elevators to cut basis bids, pressuring local cash values.

• Soybean futures are trading near unchanged this morning, holding gains from last week’s rally sparked by the USDA’s 2.4-million-acre cut to soybean harvest estimates in the August WASDE report.
• New-crop soybean sales for 2025/26 are at their slowest pace in five years, down 20% from last year, with zero Chinese purchases despite this being their typical buying window, keeping export markets subdued.
• The Pro Farmer Crop Tour began today, with soybean pod counts expected to be robust due to ample moisture across most of the tour’s Midwest route, potentially signaling strong yields.

• Wheat futures are slightly lower to start the week hovering just above contact lows for all three wheat classes.
• Weekend rainfall across the Upper Midwest is likely to further slow the already delayed 2025 spring wheat harvest, lagging behind the average pace. Persistent moisture may also degrade grain quality in some areas.
• Following Friday’s U.S.-Russia summit in Alaska, President Trump hosts Ukraine’s President Zelenskyy and European leaders at the White House this week to negotiate an end to the three-year Russia-Ukraine war. A potential ceasefire could stabilize Black Sea grain exports, impacting wheat and corn prices.

Grain Market Insider is provided by Stewart-Peterson Inc., a publishing company.

Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.

Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies. 

We are excited to offer you a new way to follow the markets! While CME Group policy changes mean our daily updates will no longer show pricing data, you can now explore our interactive quote board, featuring up-to-date charts to help you track market trends.

Grain Market Insider Interactive Quote Board

• Corn futures are trading higher at midday, finally pushing past the bearish sentiment that had pressured the market lower in recent sessions. Support is building as global demand is expected to strengthen, driven by declining U.S. corn prices, which are putting U.S. corn in a highly competitive export position.
• CONAB has estimated Brazil’s corn production at 137 million tons, notably higher than the USDA’s projection of 132 million tons.
• Only 4% of the U.S. corn crop is currently experiencing drought conditions. At this stage of development, any weather changes are unlikely to significantly impact yields.
• Heavy precipitation is expected through midweek in Minnesota, eastern South Dakota, and Michigan, while the rest of the Midwest is forecast to remain mostly dry.

• Soybeans are trading higher at midday, continuing their recovery from yesterday’s downswing, supported by the U.S.’s strong export competitiveness. Both soybeans and soybean oil are posting gains, while soybean meal is trending slightly lower.
• Concerns persist over the lack of buying from China, which continues to weigh on soybean markets. Each week without a trade agreement narrows the U.S. export window before Brazil’s new harvest begins in early 2026.
• The percentage of U.S. soybeans under drought remains unchanged this week at 3%, compared to 6% at the same time last year.
• ABIOVE raised its Brazil soybean crush forecast to 58.1 million tons, up from 57.8 million tons last month, and increased soybean export projections by 500,000 tons.

• Wheat is pushing higher at midday, supported by the U.S.’s competitive export position as well as the ongoing rally in corn prices.
• The wheat market showed limited upward momentum this week, with global prices remaining mostly stagnant. Ongoing harvests in the Black Sea region and the U.S. continue to add supply to the market.
• President Trump and President Putin are set to meet today in Alaska as both sides explore the possibility of a cease-fire between Russia and Ukraine.
• Ukraine’s harvest has picked up but remains behind last year’s pace, with 19 million tons completed so far compared to 21.7 million tons at this time last year.

Grain Market Insider is provided by Stewart-Peterson Inc., a publishing company.

Futures and options trading involve significant risk of loss and may not be suitable for everyone. Therefore, carefully consider whether such trading is suitable for you in light of your financial condition. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing by Stewart-Peterson and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a futures or options position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Stewart-Peterson Inc. Reproduction of this information without prior written permission is prohibited. Hypothetical performance results have many inherent limitations. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown. The data contained herein is believed to be drawn from reliable sources but cannot be guaranteed. Reproduction and distribution of this information without prior written permission is prohibited. This material has been prepared by a sales or trading employee or agent of Total Farm Marketing and is, or is in the nature of, a solicitation. Any decisions you may make to buy, sell or hold a position on such research are entirely your own and not in any way deemed to be endorsed by or attributed to Total Farm Marketing.

Stewart-Peterson Inc., Stewart-Peterson Group Inc., and SP Risk Services LLC are each part of the family of companies within Total Farm Marketing (TFM). Stewart-Peterson Inc. is a publishing company. Stewart-Peterson Group Inc. is registered with the Commodity Futures Trading Commission (CFTC) as an introducing broker and is a member of National Futures Association. SP Risk Services LLC is an insurance agency. A customer may have relationships with any or all three companies.