Chart of the Day
In the week ended May 26, speculators staged their largest round of net selling in CBOT corn futures and options since the trade war-fueled selloff of early March 2025. Corn bulls continue to juggle stable U.S. crop conditions, war headlines, and prospects for Chinese purchases.
Feel From the Farm
Parke County, West Central Indiana
The weather at the farm has been almost perfect for our crops after 2.5 inches of rain this week. Our main concern is the fact that counties to the North have received anywhere from 4 - 10 inches of rain. That's pushing the Wabash River level close to flood stage. If my grandpa were still around he'd remind me that we have a new farmer in the river bottoms with us this year, and anytime a new farmer comes in the river doesn't flood down there. Grandpa's are usually right about that stuff aren't they. Next week I will finish up spraying a couple soybean fields, and put the Y-Drop system on to sidedress corn.
Weather
Below are the U.S. Drought Monitor maps from this week and a month ago for comparison. Small weekly improvements were seen this week through Iowa and Northern Illinois in the areas that were showing D0, abnormally dry, conditions. When compared to a month ago there have been major improvements in the South and Southeastern U.S. following the heavy rains that have moved through the heart of the Midwest this week it's likely that dry conditions will shrink on next week's run in Iowa, Illinois, Minnesota and Wisconsin. Expected precipitation over the weekend is mailed centered over Missouri, Southern Illinois, Oklahoma and the Southeast corner of Kansas. 
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