Daily Ag Direction 10/7/25
10/7/25
Grains all quiet this Tuesday that continues the trend of a muted trade with no weather stories that haven’t already been traded & no USDA information hitting the wire. Trump admin is set to make some announcements as to what “shape and form” farmer aid package will take while earnest questions remain about the “when & how” it’ll happen with the government still shutdown. October WASDE trader guesses are coming in and a small decline in both corn and bean yield & production looks like what the trade is expecting to see if we get to see the October WASDE. Weekly export inspections will still be coming in with the gov’t down and this week we have another good week for US corn demand @ 63m bu which puts us 98m bu ahead of the weekly pace needed to hit USDA goals. Also, Italy loaded out 1.3m bu of US milo this week, but still far underneath where we need to be to meet USDA export expectations. Good planting weather & exports for Brazilian corn – 40% planted first crop corn & 7.56mmt exported vs. 6.42mmt last year. Hot and dry weather also propelling SA bean plantings.
Markets as of 10:15 am
|
Contract |
Symbol |
Movement this session |
Price |
|
Dec 25 KC Wheat |
KEZ25 |
-2 |
4.93 |
|
July 26 KC Wheat |
KEN25 |
-1.5 |
5.45 |
|
December 25 Corn |
ZCZ25 |
-1.25 |
4.20 |
|
December 26 Corn |
ZCZ26 |
-1.50 |
4.59 |
|
November 25 Beans |
ZSX25 |
+3 |
10.21
|
|
November 26 Beans |
ZSX26 |
+0.50 |
10.66 |
Please reach out to your CEA Risk Management Advisor if you have any questions. Have a great day!
-Kavan Killian 806.753.7099 RMA TX/OK Panhandle
