Daily Ag Direction 10/10/25
Grain markets opening in the red with the breakdown in US/China trade talks a prevailing headline as government shutdown has curtailed the usual flow of fundamental information. KC wheat posting a new contract low on the Dec amid bearish fundamentals and improving Black Sea weather. Corn slipping lower for fourth consecutive week, albeit within a tight trading range of 8 cents on the week. Beans are taking the blunt of trade talk negativity. The current scuffle centers on China closing off rare earth mineral exports to US which signifies a reescalation of April posturing.
Dec corn is -2.5 at 4.15
Nov beans are -9.5 at 10.12
Dec KC wheat is -3 at 4.86
Jul '26 KC wheat is -3 at 5.37
Dec Chi wheat is -3.5 at 5.03
Jul '26 Chi wheat is -5 at 5.43
Oct feeders are -3.05 at 370.975
Oct live cattle are -0.125 at 234.900
If you have any questions, please reach out to your CEA Risk Management Advisor and have a great day!
Matt Hartwell (316) 617-0690
