DTN’s yield forecasts suggest potential upside for grain markets due to tightening production expectations with a corn yield forecast at 178.5 and soybeans at 52.1.
2026 Great ON Yield Tour shows final corn yield for Eastern Ontario at 200 bpa a new record high! Soybean final yield is shy of the 2024 high on tour at 58 bpa. Final Ontario yields will be announced on August 27th.
Record August rainfall across parts of the Ohio Valley and core of the U.S. Midwest prime crop land has done severe damage to crops.
Soybeans led U.S. export sales, supported by a recent recovery in Chinese demand after a sluggish start to the 2025/26 marketing year with a 1.4 mmt USADA flash sale today the largest since November of 2025.
The U.S. and Canada have yet to finalize a trade agreement, leaving proposed 50% U.S. tariffs set to take effect on Saturday.
Bitcoin advanced and is on pace for a weekly gain exceeding 20%.
July cattle placements were the lowest for the month in the report’s 30-year history and cattle on feed report for August 1 was neutral to friendly.
+CFTC.
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