Daily Ag Direction 7/11/25
USDA WASDE report out at 11am today; trade not anticipating major changes for US or global stocks, save maybe a small bump in corn exports. Wheat rallied into the close yesterday, chasing Paris wheat higher on concerns over Russian yields and quality, but that bid sputtered in the overnight. Corn has levelled off near contract lows, with weather continuing to look ideal as pollination continues. On the week corn is down 22.75 cents after gapping lower last Sunday night. Beans are seeing the same weather related pressure as rains continue to come, even in the isolated areas seeing moderate drought stress.
Sep corn is -1 at 3.98
Dec corn is -1.5 at 4.15
Nov beans are -2.5 at 10.11
Sep KC wheat is -5.5 at 5.29
Sep Chi wheat is -3 at 5.51
August live cattle are +3.700 at 222.925
August Feeders are +2.900 at 324.125
If you have any questions, please reach out to your CEA Risk Management Advisor and have a great day!
Matt Hartwell (36) 617-0690
