Daily Ag Direction 7/10/25
Good Morning!
Wheat caught a break last night and had an uptick in the market with Paris wheat trading higher. There are lots of rumors surrounding wheat in Europe/Black Sea region with reports that Russia’s southern crop is degrading, and that China is reportedly buying EU wheat. An export market seems to be forming with Asia for US HRW for feed. Either way, with this jump, rallies need to be sold to take advantage of the small price increase. Corn and beans are still looking bearish as prices continue to fall. Corn, despite the amazing crop, continues to spiral toward rock bottom. Producers are at a point where they may have to sell below cost of production. Beans still lower this morning despite decent growing weather. Tomorrow the WASDE report will be released to give an idea on any changes to planted acres or expected yields for beans.
Looking ahead at the weather, we still have more rain across a good portion of the Southern Plains. Expect the most rain to occur in SE and SC Kansas and Northern Oklahoma.
SEP KC Wheat +4.4 @ $5.29
JUL 26 KC Wheat +5.0 @ $5.99
SEP Corn -0.2 @ $3.99
DEC 25 Corn +0.0 @ $4.16
SEP Beans -3.4 @ $9.94
NOV 25 Beans -0.6 @ $10.07
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
