heartland Market Talk:

🌾 Grain Markets Overview

• Wheat market sharply lower today

  • Strong performance yesterday after USDA report

  • Report showed smallest wheat acreage since 1919

  • Despite lower acres, yields per acre are much higher today vs. 1919

  • Market reacted to:

    • Possible rain in western wheat belt (9–10-day forecast)

    • Rain outlook removed bullish momentum

• Wheat decline pulled down corn and soybeans

  • Classic spillover effect across grain markets

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🌽 Corn Market

• Following wheat lower

• May corn: ↓ 4.5¢ to 453 ½

• July corn: ↓ 4¢ to 464 ¼

• December (new crop): ↓ 3¢ to 481 ¼

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🌱 Soybean Complex

• Soybeans stabilizing near unchanged

  • Market unwinding earlier gains

• Soybeans:

  • July: ↓ 2.75¢ to 1183 ¼

  • November (new crop): ↓ 2.25¢ to 1155 ¼