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7-7-25 


G/E ratings
             TW        LW      OH
Corn    74%       73%    57%
Beans  66%      66%     54%


7-10-25
Markets made a nice turn around midday as position squaring ahead of tomorrow’s crop report was noted.  Many look for old crop corn carryout to be reduced with the excellent demand we have experienced lately. This would help support the corn market at least temporarily.  The problem is the monster 25 crop potential. With crop ratings record high there is a possibility we see yield adjusted upward tomorrow.  This would be rare as yield is usually left untouched at least until the August report.  Weather forecasts look good for the cornbelt with most areas getting rain at optimal times.   This maybe one of the first crops in history without a real weather scare all summer. 

 
7-8-25
Crop conditions remain in record territory especially in the heavy hitting areas of IA, NE, and MN.  Nearly ideal growing conditions up to this point have traders penciling in record yields and by a large margin.  Bears would argue that we are a long way from a finish line and disease pressure could be higher with all the recent rains.  (think tar spot) Funds have been sellers post the July 4^th holiday until something (ie trade deal) changes the momentum.  New lows were scored in corn today while Nov beans closed 3 cents lower.  2025 wheat harvest is just about in the books as the last few fields get cut today and tomorrow. 




7-7-25
The hopes of a big trade deal announcement never came, and the market reacted accordingly.  Traders erased last week’s gains on the news as big losses were had in corn, beans, and wheat.  A nearly perfect weather forecast also provided ammunition for the sell-off.  Wheat harvest was fast and furious this weekend as producers were able to beat the rain.  It wasn’t the high quality we have become accustomed to over the past few years but likely avoided disaster if it sat in the field another week.  The yields were good but again not quite the bin buster many had hoped for.  Our attention will shift to the summer row crops now as pollination begins in corn.  The window for a weather scare is quickly closing and low prices become more of a reality with each passing day.