Corn and wheat face harvest pressure as South American supplies capture export business, while soybean cash bids climb 15 cents in Illinois. In Wednesday’s SF Daily, host Lorrie Boyer breaks down grain export inspections, falling cattle prices, and severe weather threats across the Plains and Midwest.
🌾 Wheat: Export inspections edged higher, but marketing-year shipments remain well behind last year’s pace.
🌽 Corn & Soybeans: Corn and soybean inspections slipped week over week, while stronger Illinois processor bids support soybean cash markets during harvest.
🐄 Livestock: Cattle futures and boxed beef prices declined as pasture conditions weakened, with just 22% of pasture rated good to excellent.
🌦️ Weather: Freeze warnings threaten parts of the Dakotas, while flooding and severe storms bring heavy rain, damaging winds, and a limited tornado risk to parts of the central Plains.
📈 Other major market news: Rain could disrupt harvest and provide additional cash-market support as traders watch export demand and shifting grain supplies.
SF Daily delivers fast, actionable agriculture news covering grain markets, livestock, weather, USDA reports, and ag business.
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