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A heat dome will consume the Plains and Mississippi Valley into the South this week with “oppressive and dangerous conditions” expected at least through midweek, the National Weather Service reported early Monday.

AgDay TV Markets Now: Scott Varilek with Kooima Kooima Varilek says the Cattle on Feed confirmed continued tight supplies and could lead to record prices in 4Q.

Out of the gate this morning, scouts saw a high of 208 bu/A for corn and a low of 92 bu/A. In the West, the initial report is positive for South Dakota with “better than last year” the key phrase scouts are repeating.

Jon Scheve discusses if there is too much corn supply. Plus how to be more profitable understanding market spreads.

As scouts set out on the the 2023 Pro Farmer Crop Tour, Iowa will be closely watched as it’s the only state where Crop Tour covers all the state’s counties. Brian Grete says Iowa has a lot of question marks this year.

Corn growers in 13 states have confirmed tar spot outbreaks now. Iowa leads the pack with the disease reported in at least 36 counties. Indiana is a close second. “It’s starting to explode,” one agronomist says.

The shock front-runner in Argentina’s presidential election, libertarian Javier Milei, would strip out state intervention from the giant farming industry to unleash an export boom.

Row crops post higher weekly closes and could be confirming a short-term low as the market continues to determine yield.