09/18/2025 Weather, Trade and Exports in Focus

09/18/2025 Click Above to Watch the Morning Market Talk Video Weather, Trade and Exports in Focus On the Grains Corn futures pivoted around unchanged in light overnight trade. Soybeans mildly extended Wednesday’s losses. Winter wheat markets firmed on support from news of Taiwan’s purchase agreements (see below). There’s a split focus in grain/soy markets. Weather is seen as potentially disruptive to harvest over the next week or so, with scattered rain chances. The biggest threat is to already poor stalk quality in some areas. Trade remains in focus as U.S. delegates, including President Trump, wrap up their UK visit, though there are doubts any major breakthroughs beyond the trade agreements reached this summer will be announced. Markets await news on Friday’s call between Trump and Chinese President Xi Jinping. No developments on China buying U.S. soybeans are anticipated. Weekly corn export sales will be watched to see if there’s a rebound after a slowdown for the week ended Sept. 4. Price action from Sept. 4-11 was sideways in corn futures, so this could signal if the $4.20 area in December corn is viewed as getting too pricey for global end-users. Once again, don’t expect China to show up on the…