Daily Ag Direction 9/24/25
Good Morning!
We are seeing some slightly higher trade this morning across the major ag complexes. Starting off with wheat, there has been a little bit of buying happening following yesterday’s short-lived bounce. After selling into new lows, we saw corn and beans experience limited buying as well. However, it does seem that we are moving down to flat price levels which could be supported by traditional, seasonal influences. Corn is also a couple points higher this morning. Market seems to have an underlying bid driven by solid export sales. Ethanol margins look good in the nearby but taper off due to the carry in the market. Looking at soybeans, we have seen the market trying to reach yesterday’s high of $10.20. Despite this, the bean market outlook looks gloomy. The prospect of gaining Chinese business looks more distant as they are continuing to engage with Brazil. Moving forward, analysts predict that the Brazilian new crop acreage is expected to increase. Argentina has also removed their export taxes, further putting pressure on US exporters. While bean oil isn’t the main concern from an export side, bean meal stands to be impacted the most from this Argentinian move.
Looking ahead at the weather, we may get a break with the heavy rain. Light rain is forecasted for the northern half of Oklahoma and for the majority of Kansas. Hopefully this slight break will allow for a more consistent pace for harvest. As the week progresses, expect daytime temperatures to average around the mid-80’s with overnight temperatures in the mid-50’s to low-60’s.
DEC KC Wheat +0.4 @ $5.12
MAR 26 KC Wheat +0.6 @ $5.33
DEC Corn -0.6 @ $4.26
MAR 26 Corn -0.2 @ $4.43
NOV Beans +3.2 @ $10.15
JAN 26 Beans +3.0 @ $10.35
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
