Corn
The grain markets fought off early weakness on Wednesday to close near the highs of the day and stage a strong technical close according to Bryan Doherty, Total Farm Marketing.
Number of bushels per acre is high on their list of priorities, but it’s not necessarily their No. 1 concern going into 2026.
DuWayne Bosse with Bolt Marketing says grains are fading the reopening of the government on positioning ahead of USDA’s reports on Friday and the lack of China soybean purchases.
Vince Boddicker with Farmers Trading Company says soybeans are mostly lower seeing some Turnaround Tuesday profit taking but the grains are also hearing up for the USDA reports Friday.
Sam Hudson with Corn Belt Marketing says part of the rally in the grains was tied to talk of the government possibly reopening this week. That provided a risk on environment for the bulls who have been flying blind with the lack of market data from USDA.
Both products have been registered for use by the EPA, with one of them featuring a novel active ingredient.
Live and feeder cattle futures are extending gains after a higher close on Friday. Brad Kooima, Kooima Kooima Varilek, says he is encouraged a low may be forming in both markets.
Jerry Gulke, president of the Gulke Group, says private estimates for national corn yield range from 182 to 186. However, he expects a bearish report because yields may be higher than expected.
Soybeans bounced on Friday and were up Matt Bennett with AgMarket.Net says to go back and retest this week’s highs or move to new highs soybeans will need to see proof of China purchases.
Farmers wanting to hang onto the soil moisture in their fields are struggling to address compaction and ruts where there has been little to no recent rainfall. Anhydrous ammonia applications are also difficult to get sealed in fields where moisture is minimal.