Daily Ag Direction 8/8/25
Quiet on the news front to end the week with muted mixed action in the grains and cattle markets pulling back off new highs following this morning's open. Corn and bean markets will be looking to next week's USDA WASDE report for any material changes, while both markets are acclimating to lower price ranges given current yield projections. Corn traded a 16 cent range this week the a net loss 4.25 cents going into today and looks poised to take out last year's early harvest lows on the Dec contract. Beans waiting on a potential trade deal with China to help burn through stocks and create a selling opportunity for farmers while consolidation below $10 on the Nov looks to be the near term norm. Wheat still looking to Paris exchange for direction amid some glimpses of hope on export sales.
Sep corn is +1 at 3.85
Dec corn is +0.5 at 4.07
Nov beans are -0.5 at 9.93
Sep KC wheat is -2 at 5.19
July 26 KC wheat is -3 at 5.78
Sep Chi wheat is -0.5 at 5.17
Dec Chi wheat is -1.5 at 5.79
August feeders are -7.475 at 341.025
August live cattle are -4.450 at 234.400
If you have any questions, please reach out to your CEA Risk Management Advisor and have a great day!
Matt Hartwell (316) 617-0690
