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Allison Thompson with The Money Farm says grains were quietly mixed early Tuesday positioning ahead of the September WASDE. She expects USDA to modestly cut corn and soybean yields but they could also cut demand.
Steve Censky, chief executive officer of the American Soybean Association, says unless China buys soybeans soon, they may be looking at aid similar to the Market Facilitation Program used back in 2018-19 during the last trade war.
The inescapable crop math of sustained crippling commodity prices and high input costs has many growers screaming for immediate relief. However, bailouts are Band-Aids over bullet holes, contend farmers desperate for fundamental change.
USDA’s September 2025 net farm income forecast projects net farm income will rise sharply from 2024.
Dave Chatterton with Strategic Farm Marketing says corn and soybeans saw a technical bounce and buying after holding chart support.
Kicking off a fresh week on Markets on the Move, Oliver Sloup and Marlin Bohling take a closer look at Chicago wheat futures, which have spent the bulk of the last month in a quiet sideways trade. With corn showing signs of turning a corner, are wheat futures next.
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