Grain Markets and Other Stuff
@grainmarketsandotherstuff·35K subscribers·1.5K videos
Cooler Corn Belt Forecast = Lower Prices....USDA Preview
Posted
July 10, 2026
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🌽 Corn & soybeans dipped Thursday as milder weather and wider Corn Belt rainfall eased crop stress — Dec26 corn closed near $4.52, Nov26 beans near $11.82
🌾 Wheat bucked the trend, climbing on tighter US supply expectations
🌡️ GFS and Euro models both flipped cooler for the 8-14 day outlook, adding to the selling pressure
💧 Drought monitor update: improvement in NW/north-central Iowa, SE Minnesota, and SW Wisconsin; minor expansion in southern Illinois and NW Ohio
🇨🇳 Fresh flash sales — 256,000mt of new crop soybeans sold, including more to China; total confirmed new crop China soybean sales now at 672,000mt (2.7% of the 25mmt target)
📉 Corn export sales came in soft — down 23% week-over-week
🛢️ Record US biofuel mandates are pulling in a wave of European biodiesel imports — first shipments since December 2024 — as domestic plants struggle to keep up
No Snapshot video today — July WASDE is typically a quiet one, and I've got some prior commitments. Back to the regular lineup next week.
📊 Charts, drought maps, and the China Soybean Purchase Tracker in the video.
👍 Like, subscribe, and drop your yield/stocks predictions in the comments before the number drops!
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