Daily Ag Direction 8/12/25
Good Morning!
Happy USDA WASDE Report Day! Trade looks to be squaring away ahead of the report being released at 11am today.
Overnight wheat markets opened lower and continued to face selling pressure into the morning, while Paris wheat remained rangebound. Growing concerns are emerging over the quality potential of both U.S. and Canadian spring wheat.
The corn market moved lower overnight after reports emerged that the U.S.-China trade truce has been extended for another 90 days. The market's reaction reflects continued frustration over the lack of meaningful progress between the two countries, with China still favoring grain purchases from Brazil and Argentina while largely avoiding U.S. supplies. Meanwhile, flat prices hovering near contract lows are helping to attract demand, and further weakness is likely to keep end-users actively buying.
Reminder: We are now accepting enrollments for the JSA Select Program on wheat. This managed bushel program allows participating producers to have their bushels actively managed by JSA professionals, who handle futures pricing on your behalf. The signup deadline is October 24th. For more details, please contact your local co-op or your CEA Risk Management Advisor.
Sept KC Wheat is -1 @ $5.18
July 26 Wheat is -2.75 @ $5.7325
Sept Corn is -4.5 @ $3.805
Dec Corn is -4.25 @ $4.035
Aug Soybeans are -12.5 @ $9.77
Nov Soybeans are -11.25 @ $10
Please reach out to your CEA Risk Management Advisor if you have any questions. Have a great day!
Mike Hellman
580-532-5126
