Grain markets remain supported as resilient demand and crop concerns push prices higher. On SF Daily, host Lorrie Boyer breaks down why China continues buying U.S. soybeans and why crop tours are raising questions about USDA production estimates.
🌾 Wheat: Limited fresh news keeps wheat focused on broader grain market momentum and demand.
🌽 Corn & Soybeans: Crop tours are finding low soybean pod counts and immature corn, fueling concerns production may fall short of USDA projections.
🐄 Livestock: U.S. beef production is forecast at 24.967 billion pounds in 2026, down 4% from last year, with another decline projected for 2027.
🌦️ Weather: Flood warnings are in effect across parts of central Illinois and Indiana, with another one to two inches of rain possible.
📈 Other major market news: Managed money buying on market setbacks is providing additional support as traders watch demand and upcoming USDA crop reports.
Subscribe to SF Daily for weekday updates on grain markets, agriculture news, farm weather, livestock, and the stories shaping American agriculture.
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