West Central Ag Grain Comments 08/25/26 8:12:03 AM
08/25/26
- Good morning. Grain markets traded higher to start the overnight session last night but have been working backwards for the last several hours since then, with the whole of the space now trading in the red at this writing to get Tuesday morning started. Yesterday afternoon's fall in crop conditions was new but doesn't do a lot to change the overall supply narrative following last week's Pro Farmer numbers, and it seems at least for now like headwinds from the EPA and a risk-off attitude in the wheat market are going to again be the dominate features throughout the day today. We view crops and the US supply situation as topic 1A in terms of importance to longer term price direction, but there just isn't a lot of new input on this front on a day-to-day basis until combines get rolling in another several weeks and that has brought some of the other inputs into focus.
Corn futures to start Tuesday are trading around a penny lower, soybean futures are trading 4-7 cents lower, and the Chicago wheat market is trading 11-13 cents lower.
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