Daily Ag Direction 6/20/25
Reboot Friday as markets resume and combines start to roll again across the less rain saturated areas. Wednesday's short covering rally has cooled off as wheat opened slightly lower in the overnight and stayed comfortably there through this morning's open. Trump has laid out a 2 week decision window for engagment in the Israel/ Iran conflict, which has placated panic button pushers in the grains for the time being. Weather continues to be a non-story as things look to warm up and dry out in a seasonally appropriate fashion. Wheat and corn export sales came in mid-range vs estimates. We'll see if some combination of Monday's crop condition report, international headlines, and weather models provide direction for next week ahead of the June 30th USDA Acreage report.
July corn is -1.5 at 4.31
Dec corn is flat at 4.44
July beans are +1 at 10.75
Nov beans are +1 at 10.69
July KC wheat is +1 at 5.72
July 2026 KC wheat is +1 at 6.45
July Chi wheat is flat at 5.74
July 2026 Chi wheat is +2 at 6.48
June live cattle are +1.200 at 225.500
August feeders are +2.00 at 306.175
If you have any questions, please reach out to your CEA Risk Management Advisor and have a great day!
Matt Hartwell (316) 617-0690
