Heartland Ag Edge
Heartland Ag Edge
Wheat Ready to Break Out? Dry Conditions Push Markets Higher Across the Board
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Wheat Ready to Break Out? Dry Conditions Push Markets Higher Across the Board

📈 Grain Markets Overview

  • Grains higher across the board

  • Slow start, but momentum built through the session

  • Strength led by:

    • Rising crude oil

    • Supportive crop condition report

    • Ongoing weather concerns


🌱 Soybeans & Oil Lead the Charge

  • Soybeans pushed higher, following soybean oil surge

  • Soybean oil supported by strong crude oil rally

  • Geopolitics (Iran uncertainty) helping fuel crude → lifting beans & corn

Prices:

  • July Soybeans: +9.5¢ → $11.91

  • November Soybeans: +10.25¢ → $11.68

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