Daily Ag Direction 9/5/25
Green on the screen to start Friday's day session with corn's newfound bouyancy offering spillover support to wheat and beans. Last week closed out with a bid from index/ inflation oriented funds and that theme could continue with the likes of Goldman pushing the "undervalued" narrative in the commodity space. With Dec corn hovering around $4.20 over the last few days, the notion of retracing that $4.30-$4.32 gap as an upside target is worth considering as a point to put new crop corn or milo offers in. Beans are in a holding pattern after falling off recent highs, with yield projections and export opportunites still up in the air. Wheat needs corn for support as Russian FOB values continue to decline. US wheat is still competitive in the export space but dependent on the softer futures market to stay in the game.
Dec corn is +2 at 4.22
Dec '26 corn is +2 at 4.60
Nov beans are +1 at 10.34
Nov '26 beans are +1 at 10.71
Dec KC wheat is flat at 5.06
July '26 wheat is flat at 5.53
Dec Chi wheat is +2 at 5.21
July '26 Chi wheat is +2 at 5.58
Oct feeders are -.275 at 358.675
Oct live cattle are -.350 at 236.600
If you have questions, please reach out to your CEA Risk Management Advisor and have a great day!
Matt Hartwell (316) 617-0690
