WEATHER
A split seasonal outlook brings drought relief across the southern tier, but lingering moisture threatens to stall early 2027 fieldwork.
Late-season hurricane puts Southeast harvest at risk as producers rush to bring in cotton, peanuts and row crops.
High feed costs, retail resistance and resuming Mexican imports signal lower prices, but structural supply limits offer downside protection.
Randy Martinson of Martinson Ag says the trade truce being extended for just two months is a disappointment.
Alan Brugler of A&N Economics says the market had anticipated some buying ahead of the meeting as a goodwill gesture and the corn and wheat markets have been especially disappointed.
Darren Frye with Water Street Solutions says the market also removed some geopolitical or war premium with talk of possible progress on the wars in the Middle East and Black Sea region.
President Trump was scheduled to speak at the U.N General Assembly Tuesday morning and there was hope for peace to the wars in Iran and the Black Sea according to Lane Akre, economist with Pro Farmer.
Sam Hudson of Cornbelt Marketing says the rally the last two month has been driven by crush and renewed export demand from China.