Grains close mixed on Friday with corn lower, but soybeans higher building in weather premium and in anticipation of the Pro Farmer crop estimates. Corn yield was lowered to 172 bpa, production to 14.96 bb, soybean yield was cut to 49.7 bpa with production at 4.11 bb. Pro Farmer editor Brian Grete talks about how the tour influenced their cuts and what it means for ending stocks and prices.
Soybeans Higher on Weather, Corn Lower: How Will the Market React to Pro Farmer Crop Estimates?
Corn closed lower, soybeans higher on weather & in anticipation of Pro Farmer’s crop estimates. Pro Farmer’s Brian Grete talks about how the tour influenced their cuts and what it means for ending stocks & prices.
Related Stories
Brad Kooima of Kooima Kooima Varilek says a market that moves three days against the last trend often confirms a low.
With the bounce on Tuesday and the friendly news from USDA there are hopes that the corn market has put in a low. Randy Martinson of Martinson Ag isn’t sure a bottom has been forged...yet.
Arlan Suderman, Chief Commodities Economist with StoneX says the corn and soybean markets were trading higher yields coming into the report and saw a positive reaction as a result.
Read Next
Renewable Fuels Association’s Troy Bredenkamp says the push from Alabama and Louisiana to waive 2027 Renewable Fuels Standard obligations would raise gas prices, not lower them, and hurt rural America.
Commodity Market Futures
Futures prices on grains, livestock, oil and more

Farm Journal TV
Trusted ag insights and real stories from rural America. Start your free trial today.

Pro Farmer
Join Pro Farmer today to access trusted market intelligence and expert analysis that help you make more confident decisions.
