Extreme heat is putting fresh pressure on U.S. crops as corn and soybean conditions diverge, with temperatures potentially reaching 110 degrees across parts of the eastern Midwest. SF Daily, hosted by Lorrie Boyer, breaks down the latest grain markets, USDA updates, livestock and weather impacting agriculture.
🌽 Corn & Soybeans: Corn conditions held steady, but soybean ratings declined, while hot, dry weather threatens corn test weights and late-season soybean pod fill.
🇨🇳 Trade: The U.S. sold 5 million bushels of new-crop soybeans to China, adding fresh interest to export demand.
📊 USDA: The next major USDA reports are scheduled for September 11, with traders watching closely for updated production and supply estimates.
🚢 Exports: Corn inspections increased to 1.5 million metric tons, while soybean and wheat inspections declined.
🐄 Livestock: Live cattle futures edged higher as the U.S. pasture rating fell to just 18% good to excellent.
🌦️ Weather: Extreme heat across the eastern Midwest could become a major factor for crops and markets.
SF Daily delivers fast, actionable agriculture news covering grain markets, livestock, weather, USDA reports, and ag business.
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