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Rain Sinks Row Crops, Wheat Holds Firm

CBOT corn and soybeans closed lower Wednesday as wetter forecasts reduced concern about crop stress across key parts of the Midwest. December corn fell 8 3/4 cents to $4.71 3/4, while November soybeans dropped 27 1/4 cents to $11.92 3/4. Forecast rainfall from the Dakotas through the eastern Corn Belt triggered fund selling and weakened weather premiums, although strong ethanol production and improving soybean crush margins offered some underlying support.

Wheat held up better as continued Black Sea shipping disruptions offset improving Northern Plains weather. September Chicago wheat eased 1 3/4 cents to $6.60 3/4, while Minneapolis spring wheat remained near $7.00 per bushel. Attacks on regional ports and restricted export movement from Russia and Ukraine are limiting losses, with prolonged disruptions potentially redirecting global demand toward North American supplies.

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Trending Video

We’ll NEVER Use These Grain Bins Again!

Video: We’ll NEVER Use These Grain Bins Again!


A huge change is happening on the farm — our new grain bin has officially arrived, and that means we’ll never use some of our old grain bins again. In today's video, we take delivery of the new grain bin, look back at the old bins that have been part of our farm for years, and talk about why this upgrade is such a big deal for harvest, grain storage, and the future of our family farm.

This is more than just a grain bin delivery. It’s the end of an era and the start of a major farm upgrade that will completely change how we handle corn during harvest. From old grain storage to a brand-new bin setup, this project is one of the biggest improvements we’ve made at the farm.

Join me as the new grain bin shows up, the bin project continues, and we prepare for a new chapter in harvest efficiency on our Minnesota family farm.