In this week's update:
🌧️ Rain Makes Grain
The market isn’t blinking at crop stress—yet. Conditions look good, and sentiment remains steady.
🌱 Soybeans: Major Acreage Cut
A sharp reduction in planted acres raises real concerns for the balance sheet. Eyes are on yield now.
🌾 Wheat: Same Story, New Day
Still too much wheat on hand. The oversupply narrative continues to weigh on the market.