Don Roose of U.S. Commodities says funds are selling due to bearish technical signals and lower seasonals, and they're near record short for this time of year in the grain complex. "When you're in contract lows, there's no sign of a positive market for corn and soybeans," he says.

Hot, dry weather is forecasted for Russia and Ukraine while flooding in the U.S. Midwest is shutting down rail lines and submerging fields and towns. China's corn and soybean crops are getting some relief after a heatwave.

The new 6M tractor can be customized to provide farmers with large tractor features, such as integrated connectivity and Intelligent Power Management, on a midsized machine.

With the first presidential debate of the 2024 race on Thursday, Tyne Morgan and Clinton Griffiths invited D.C. insider Jim Wiesemeyer on their podcast to discuss what he’s hearing.