Daily Ag Direction 7/25/25
Grain markets are under pressure on the open this morning, with beneficial rains seen this week and remaining in the forecast. Wheat trade is low volume and quietly slipping lower absent support from corn and overall bearish S&D picture. Will continue to watch Black Sea region for any sort of weather narrative that could compel a bounce. Corn market is quiet as well, with funds in a holding pattern to see if the finishing doses of moistures materialize and then potentially take out previous lows. Early indications on yields are right around the corner for corn as harvest gets fired up in the Southern US. Beans are watching the clock tick on spec funds holding weather premium as August holds the production risk for the majority of US bean acres. If time runs out on perceived weather risk for beans, history shows this to typically lead to lower trade into harvest.
Sep corn is -2 at 3.99
Dec corn is -1 at 4.19
Nov beans are -5 at 10.19
Sep KC wheat is -4.5 at 5.23
July 26 KC wheat is -3.5 at 5.89
Sep Chi wheat is -5.5 at 5.36
July 26 Chi wheat is -4.5 at 5.93
August feeders are +0.125 at 329.025
August live cattle are -0.225 at 225.575
If you have any questions, please reach out to your CEA Risk Management Advisor and have a great day!
Matt Hartwell (316) 617-0690
