Tuesday May 27th, 2025

• Grain futures are mixed coming out of the long weekend.
  • A rally in soyoil futures offering beans slight support.
  • Corn and wheat futures decline on improving US and world weather. 
• Chinese winter wheat areas have been suffering from drought but forecasted rainfall is expected within the next 10 days.
• US crops are off to a favorable start.  Cool temperatures are expected for another 5 days, giving way to a warming trend that starts on Sunday.  HRW wheat areas caught some rain over the weekend and the forecast offering additional precipitation for Kansas, Oklahoma and Texas.
• President Trump has agreed to extend the EU tariff deadline until July 9th.