Corn
More than 1,000 farmers across the country weighed in via survey to express concern that access to glyphosate and atrazine is at risk, after both technologies were called out in the MAHA Report. The next report, the MAHA strategy recommendations, is due to President Trump by August 12.
Just as corn growers were ready to put their pollination problems behind them, another one comes along. This time, the issue had to do with moisture occurring at the wrong time, and the results are significantly impacting yield.
Scott Varilek with Kooima Kooima Varilek says live and feeder cattle futures are trying to recover after an ugly day Thursday that ended with bearish reversals. Grains are mixed on favorable weather and tariff news.
Allison Thompson with The Money Farm says corn and HRW wheat extended gains for a second day in what looked to be end of the month short covering by the funds.
Craig Turner, grain and oilseed analyst with StoneX says its the last trading day of the month and corn, soybeans and wheat are all poised to have bearish monthly lower closes.
Alan Brugler, A&N Economics, says soybeans sank on demand concerns with large global supplies and China continuing to buy from South America. November soybeans fell below $10 and project even lower.
Matt Bennett, AgMarket.Net, says it was an ugly day in the grain markets with old crop corn making new contract lows once again with spillover pressure from wheat and a higher dollar.
Mike Steenhoek, executive director of the Soy Transportation Coalition, says if approved the merger could change the shipping landscape with both winners and losers.
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Garrett Toay, AgTraderTalk, says corn and soybeans continued to push back towards recent lows on weather as areas of the Corn Belt saw rain over the weekend and the heat is starting to ease.