3 Big Things Today, Sept. 26, 2025
- Media Logic Radio
- Sep 26
- 2 min read
By David Geiger
1. Morning Markets Mostly Weaker
Just before 6:30 a.m. CT, December corn was down ¾¢ at $4.225 per bushel.
November soybeans were 1¼¢ down at $10.11 per bushel. December soymeal was 60¢ more to $273.80 a short ton, and December soy oil dropped 0.11¢ to 50.16¢ a pound.
December wheat markets were mixed in the early morning. CBOT wheat was down 2¾¢ at $5.24¼ per bushel. KC wheat fell 2¢ at $5.10¼ per bushel. Minneapolis wheat rose 8½¢ at $5.51 per bushel.
“Corn, soybeans, and wheat are all under pressure in overnight trade as a little pre-weekend profit taking has developed.” Karl Setzer, partner with Consus Ag Consulting said, “Futures posted strong closes [Thursday] but are struggling to extend these gains overnight. Fresh news is again thin [Friday] morning with nearly all interest on the U.S. harvest. Yields remain highly variable, especially on corn.”
2. Wheat Sales Jump Higher
Sales were stronger in wheat this past week according to the U.S. Export Sales report released by the Ag Department.
Wheat sales were reported at 539,800 metric tons, up 43% week-over-week and up 37% from the 4-week average, the government said.
The Philippines bought 116,000 metric tons, Italy was in for 86,900 tons, Indonesia took 77,400 tons, and Japan purchased 58,100 tons.
Wheat exports were up 16% at 896,000 metric tons, the USDA said in its report.
Net corn sales in the seven days that ended on September 18 were at 1.9 million metric tons.
Mexico purchased 891,100 metric tons, unknown destinations took 290,700 tons, Colombia bought 190,900 tons, Spain was in for 97,100 tons, and Japan was at 86,900 tons.
Corn exports for the week were at 1.3 million metric tons, USDA said.
Soybean sales to overseas buyers totaled 724,500 metric tons, the agency said.
Egypt bought 166,200 metric tons, Taiwan was in for 115,300 tons, Mexico bought 85,900 tons, and Indonesia was at 79,400 tons.
Soybean exports totaled 512,400 metric tons, according to the USDA.
3. A Dry Weekend for Harvest
The weekend will stay mostly dry in the Midwest according to the National Weather Service’s (NWS) Weather Prediction Center.
The NWS said an upper-level ridge was influencing the Corn Belt, with average temperatures 10 to 20 degrees above normal. Some areas in the northern Plains could reach the low 90s by Sunday.
“Elsewhere across the country, mainly dry weather is in store [Friday] and through the weekend largely thanks to upper level ridging.” The NWS said, “The ridge of high pressure and the resulting dry weather will lead to increasing unseasonable warmth, especially across the northern tier of the U.S.”
The NWS added this was all in contrast to the Southeast and Southwest where wet conditions and flash flooding were possible.
