Ag Commodity Market Snapshot (Past 24 Hours)

• Grains (Corn, Soybeans, Wheat)

  • Corn futures saw slight gains amid mixed trade: September contracts ticked up modestly (~$3.75), while December held steady around $3.97.

  • Soybeans declined, under pressure from technical selling and profit-taking—September futures dropped about 1.5% (≈ 16.5¢) and November fell similarly to ~$10.29.

  • Winter wheat also slipped modestly: Chicago SRW down ~0.75%, Kansas City HRW down ~0.5%.

• Export Activity & Global Supply Conditions

  • Private exporters reported two major new corn sales: 5.4 million bushels to South Korea and 5.2 million to Spain (for the 2025–26 marketing year).

  • Argentina is poised to sharply increase corn acreage—possibly 15–20% higher—potentially boosting production to ~1.98 billion bushels in 2025–26.

  • For soybeans, Brazil’s CONAB raised its estimate, projecting a record 6.23 billion bushels for the season—a ~14.8% year-over-year increase.

• Livestock, Dairy & Softs

  • Limited specific movement reported over the last 24 hours; data outlets like USDA Market News continue to provide comprehensive reporting, though no major breaking shifts flagged today.

• Commodity Index Performance

  • Broader ag sector indexes show mixed signals:

    • Bloomberg's agriculture sub-index reflects a modest gain in corn(+0.88%) and wheat(+0.29%), while live cattle fell (~–1.13%).

Summary

Corn futures edged upward modestly supported by fresh export demand, while soybeans and wheat declined on technical selling. Global supply outlooks intensified: Argentina's corn planting is expected to rise sharply, and Brazil is tracking toward a record soybean harvest. Export sales remain a prominent support for corn, even as broader sentiment in grains remains cautious.