Wheat

Brad Kooima of Kooima Kooima Varilek says while the cattle futures are distancing themselves from last week’s lows he isn’t sure if all of the bearish news is factored into the market yet. Meanwhile, soybeans make new highs as the White House clarifies China will buy 12 MMT in the last two months of 2025.

Shawn Hackett with Hackett Financial Advisors says with China potentially buying 441 million bushels of U.S. soybeans in the next two months prices need to move a lot higher.

Mark Schultz with Northstar Commodity says in response to the China deal the soybean market pushed into new highs for the move with January finally closing above the $11 mark.

After testing thousands of varieties and a decade of trials, a new variety of winter wheat is on its way. Next season, in 2026, South Dakota producers will be able to plant SD Vivan – made with strong resistance to the state’s agronomic challenges.

Alan Bruger says USDA was assuming some sales to China in the September WASDE but he thinks the agency will need to make some revisions in their 300 million bushel ending stocks with this deal.

Allison Thompson says soybeans paused on Wednesday with January down 3/4 cent as the market faded news of China purchases as it was already priced into the market.

Lane Akre, economist with Pro Farmer, says soybeans have priced in the optimism about a China trade deal and had muted reaction to news of the first China soybean purchases of the 2025-26 marketing year.

Brian Grete with Commstock Investments thinks the China deal is nearly priced into the soybean market and so it will need confirmation of what “significant purchases” means before moving higher.

DuWayne Bosse with Bolt Marketing says soybeans made new highs for the move and January futures are closing in on $11, while March made fresh highs for the year.

Grain markets staged a rally on Monday and Naomi Blohm with Total Farm Marketing says soybeans led the charge on news over the weekend that the U.S. and China had reached a framework agreement that included “substantial purchases” of U.S. soybeans.