Daily Ag Direction 9/22/25
Good Morning!
A few negative items are influencing markets this morning. Overall markets are feeling pressure as the idea of a China trade deal has been put off for now. There is talk that Argentina will suspend taxes on exports which is weighing on soybean prices. No news seems to be bad news for wheat as prices slump with underwhelming headlines. Big carries in wheat have participants willing to sit on the sidelines and watch these values fall. The Algeria tender tomorrow for 50k mt of milling wheat should be announced Wednesday and could provide something to trade. Rain forecasts across the Midwest will set back corn harvest but farmers have been hesitant to price much cash grain anyways. There is some concern about the drought conditions in the eastern corn belt affecting soybeans but we will have to wait and see.
Dec KC Wheat -5.6 @ $5.02
July 26 KC Wheat -6.0 @ $5.51
Dec Corn -5.0 @ $4.19
Dec 26 Corn -4.0 @ $4.58
Nov Beans -15.0 @ $10.10
Nov 26 Beans -10.0 @ $10.60
Sept Feeders +3.375 @ $362.525
Oct Live +3.100 @ $236.675
Please reach out to your CEA Risk Management Advisor if you have any questions. Have a great day!
-Trent
