Daily Ag Direction 7/14/25
Good Morning!
The recent selloff is being contributed to Trump 2.0 tariff announcements as they focus on grains and oilseeds. New lows overnight in Corn and Soybeans while wheat trades down to recent lows as well. WASDE report on Friday did not offer much excitement or surprises. Corn will be plentiful and soybeans have a chance to escape concern with a trend line yield. Big crops get bigger. Trump is expected to look at policy on Russia with further steps possible to reduce energy exports out of the country. COT report was in line with expectations. The market seems happy to remain choppy for now range bound and unbothered.
Sept KC Wheat -4.6 @ $5.20
July 26 KC Wheat -5.2 @ $5.90
Sept Corn +1.4 @ $3.98
Dec 25 Corn +2.4 @ $4.15
Sept Beans -3.0 @ $9.92
Nov 25 Beans -2.2 @ $10.05
Aug Feeders -5.425 @ $319.900
June Live -2.400 @ $219.800
Please reach out to your CEA Risk Management Advisor if you have any questions. Have a great day!
-Trent
