Daily Ag Direction 7/15/25
Good Morning!
Unfortunately, we are seeing more bears than bulls today as all markets are lower. Wheat lower this morning after the market broke down pushed to recent support levels. KC spreads appear to be trying to firm up. Corn trading lower in the overnight following the crop report. Values look to have found themselves between a rock and hard place with nowhere to go at the moment. On a higher note, we have seen another strong week of corn exports to Mexico, Japan, and South Korea. Weather is forecasted to remain optimal for corn growth. Soybeans got a better rating in the crop report to 70% good to excellent with a 4% jump against the expected 66% rating. According to some, this crop is the highest rated crop in the last 7 years for the time being. Mother Nature may have another hand to deal, we will see. Despite this encouraging crop rating, we still have seen a decrease in prices. Beans are teetering on the edge of falling below that $10 ledge.
Looking ahead at the weather, light and scattered rain across the Southern Plains. Areas that show to be impacted are SC Kansas and the northern section of SE Kansas.
SEP KC Wheat +3.0 @ $5.26
JUL 26 KC Wheat +1.4 @ $5.92
SEP Corn -0.6 @ $3.99
DEC 25 Corn -0.4 @ $4.17
SEP Beans -1.6 @ $9.92
NOV 25 Beans -1.4 @ $10.06
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
