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UpInArms

(53,143 posts) Wed Jul 9, 2025, 08:45 AM Jul 9

Ag News: What Drove Grain Markets Lower and Corn Into Contract Lows Tuesday?

Both old and new crop corn made contract lows and September corn ended under $4.

Grete says favorable weather and an improvement in crop conditions by 1% nationally to 74% is historically high for this time of year and that has the bears talking about record corn yields.

… snip …

The grain markets also saw pressure on tariff uncertainty as President Trump says he will keep the July 9 deadline in place for countries to step up to the negotiating table to avert higher tariffs.

More at

https://www.agweb.com/markets/market-analysis/what-drove-grain-markets-lower-and-corn-contract-lows

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Ag News: What Drove Grain Markets Lower and Corn Into Contract Lows Tuesday? (Original Post) UpInArms Jul 9 OP

Two things are dropping grain prices indusurb Jul 9 #1

indusurb

(166 posts)

1. Two things are dropping grain prices

Reply to UpInArms (Original post)

Wed Jul 9, 2025, 09:23 AM

Jul 9

First, due to the tariff war, other countries(China, among others) are no longer buying our grain or beef. China made a huge deal to buy Australian beef a couple of months ago. Same with soybeans and other grain. Second, with programs like USAID and free school lunches ended, farmers have no place to sell their excess crops. USAID use to suck up tens of thousands of excess grains. No more.

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