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Matt Bennett with AgMarket.Net says corn and soybean market was removing weather premium Friday with rains falling over portions of the Western Corn Belt Thursday evening and moving to east.
Scott Varilek with Kooima Kooima Varilek says there are signs he’s looking for yet in the cattle market to confirm the lows are in.
USDA reports on-farm corn stocks up 16% from a year ago, while storage capacity growth has plateaued. Brock’s John Tuttle says commercial handlers are already asking where grain will go when harvest starts — and temporary storage can still be delivered in weeks, not months.
Greenwing AI says its first agricultural intelligence alert shows how satellite-based monitoring could detect crop stress before it is visible in the field.
Don Roose of U.S. Commodities says wheat saw big gains early on the halt to exports in the Black Sea but could not hold at the highs. The corn and soybean market were lower on improving weather and served as an anchor.
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