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Listen to the SF Daily podcast for today, July 11, 2025, with host Lorrie Boyer. These quick and informative episodes cover the commodity markets, weather, and the big things happening in agriculture each morning.
US corn sales increased by 70% to 1.26 million metric tons, with significant purchases from Mexico, Japan, and South Korea. Soybean sales rose by 43% to 503,000 metric tons, with notable buyers including Egypt and Japan. Wheat sales slightly decreased to 567,800 tons. The market anticipates the USDA report at 11 am Central time, with US corn commitments 2 million metric tons above the yearly estimate. Weather concerns include flood warnings in eastern Nebraska, Iowa, and Illinois, and potential trade impacts from tariffs on Canadian and Brazilian imports. Cattle markets are higher due to the US closing the border to Mexican livestock imports over another finding of New World screwworm and the announcement of a 50% tariff on Brazilian imports starting Aug. 1
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Listen to the SF Daily podcast for today, July 11, 2025, with host Lorrie Boyer. These quick and informative episodes cover the commodity markets, weather, and the big things happening in agriculture each morning.
US corn sales increased by 70% to 1.26 million metric tons, with significant purchases from Mexico, Japan, and South Korea. Soybean sales rose by 43% to 503,000 metric tons, with notable buyers including Egypt and Japan. Wheat sales slightly decreased to 567,800 tons. The market anticipates the USDA report at 11 am Central time, with US corn commitments 2 million metric tons above the yearly estimate. Weather concerns include flood warnings in eastern Nebraska, Iowa, and Illinois, and potential trade impacts from tariffs on Canadian and Brazilian imports. Cattle markets are higher due to the US closing the border to Mexican livestock imports over another finding of New World screwworm and the announcement of a 50% tariff on Brazilian imports starting Aug. 1
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