Daily Ag Direction 8/20/25
8/20/25
Grains showing some small strength here at the start of the day with Chicago SRW leading the charge by moving $.08 off a September contract low. This market is feeling the pressure of a large crop coming, but it looks like today we’ll stay off the lows. Day two of the ProFarmer tour concluded showing results from NE & IN. The numbers don’t indicate quite what USDA is projecting for each state, but still large nonetheless. Results for that below. EU showing a decline in 25/26 soft wheat export, corn imports, & soybean imports. Brazilian trade association slightly increases corn & bean export expectations. Data to watch tomorrow includes the IA, IL, MN leg of the crop tour & export numbers. So far the crop tour has concluded a big crop is on the way and the market will be eagerly watching export inspections to see if our new crop sales pace can keep moving at a good enough clip each week to keep carryout numbers manageable.
|
ProFarmer results |
this year |
last year |
USDA Aug est. |
|
Corn – Nebraska |
179.5 bu/ac |
173.25 bu/ac |
192 bu/ac |
|
Corn – Indiana |
193.8 bu/ac |
187.5 bu/ac |
205 bu/ac |
|
Soybean – Nebraska |
1,348 pds/3’x3’ sq |
1,172 pds/3’x3’ sq |
36 bu/ac |
|
Soybeans – Indiana |
1,377 pds/3’x3’ sq |
1,409 pds/3’x3’ sq |
62 bu/ac |
|
Contract |
Symbol |
Movement this session |
Price |
|
Sept 25 KC Wheat |
KEU25 |
+5.25 |
5.04 |
|
Sept 25 Corn |
ZCU25 |
+1.50 |
3.81 |
|
December 25 Corn |
ZCZ25 |
+1.75 |
4.05 |
|
November 25 Beans |
ZSX25 |
+4 |
10.37 |
|
|
|
|
|
Please reach out to your CEA Risk Management Advisor if you have any questions. Have a great day!
-Kavan Killian 806.753.7099 RMA TX/OK Panhandle
