Daily Ag Direction 7/29/25
Good Morning!
Markets look to be trading lower across the board this morning. The bottom fell out in the overnight after a seemingly hopeful close yesterday in wheat. This loss isn’t just domestic. The Matiff is down this morning as a result of the Euro moving lower. Unfortunately, unless something major in the world happens, look to see this pattern for wheat prices to continue. The corn market is reflecting what everyone is feeling; it’s the Dog Days of Summer. Prices continue to trade in the low ranges that we’ve seen, despite small increases in the overnight session. Weather still looks to be ideal for a massive crop. Soybeans also see pressure on board values due to decreasing weather risk. Despite the heat, many areas are getting enough moisture to offset major weather-related losses. Given the circumstances of the market, it would be prudent to keep an eye on the markets to find those opportunities to sell when small increases present themselves.
Looking ahead at the weather, light rain is forecasted over much of the Southern Plains with most of the volume falling over SW Kansas, NW Texas, and the Oklahoma Panhandle. As we move into the weekend, we will start to see some cooler temperatures moving in as well.
SEP KC Wheat -5.0 @ $5.21
JUL 26 KC Wheat -6.6 @ $5.84
SEP Corn -5.4 @ $3.88
DEC 25 Corn -3.6 @ $4.11
SEP Beans -0.4 @ $9.92
NOV 25 Beans 0.0 @ $10.12
Please reach out to your CEA Risk Management Advisor if you have any questions. Have a great day!
Morgan Bryan
417-680-6987
RMA SW OK
