Daily Ag Direction 8/21/25
Good Morning!
Markets are all trading higher across the complex this morning. Wheat saw some buying in the overnight and into the morning driven mostly by rumblings of China entering into the picture. Supposedly they are after SRW and SWW. In other export news, it is being reported that Taiwan has bought 90,000 MT of US milling quality wheat. Export issues continue to be an issue for the Russians as the main terminal in the Sea of Azov has effectively become a tourniquet for moving wheat in the region. Looking at corn, there is very little new news. Exports have ticked up with Mexico and an unknown causing that shift. This uptick, while helpful, isn’t enough to offset the tidal wave of corn we are going to receive this fall. Soybeans got good news as the ProFarmer Tour only enforces the USDA’s estimate of 53.6bpa. As far as exports go, China continues to hold out on buying US beans and milo, and pushes forward on developing their trade relations with Brazil.
Looking ahead at the weather forecast, good rains are expected for the majority of Oklahoma, Texas Panhandle, and Kansas. Primary areas of impact can expect a maximum of 2 inches per NWS. With this rain, we will also have cooler temperatures down in the mid to high 70s.
SEP KC Wheat -0.6 @ $5.00
JUL 26 KC Wheat -1.0 @ $5.64
SEP Corn +4.0 @ $3.84
DEC 25 Corn +4.0 @ $4.08
SEP Beans +8.2 @ $10.23
NOV 25 Beans +9.0 @ $10.45
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
