Record-breaking heat hit areas of the U.S. this week with snow in the forecast for the weekend. As the disparity of moisture plays out, Nutrien’s Eric Snodgrass says he’s still concerned about the risk of drought.

Tomm Pfitzenmaier, Summit Commodity Brokerage, says soybeans are seeing some profit taking after the rally Monday and after running into chart resistance in the July contract around $10.75 Monday night.

Make adjustments as you plant because when those final steps are done poorly, corn germinates unevenly and there’s no way to go back and undo the damage.

At least on the surface, USDA’s estimates for both old and new crop corn and soybean ending stocks were below average trade guesses. However, Jim McCormick, AgMarket.Net, says there is some skepticism due to tariff considerations.

House Republicans are advancing a sweeping tax and spending bill that could significantly scale back or reshape some of the clean energy tax credits established under the Inflation Reduction Act (IRA).

Chip Nellinger, co-owner of Blue Reef Agri-Marketing, says soybeans soared on the combination of positive China trade news and the bullish May WASDE.