Tidbits, Corn Price, Soybean Export, Crude Oil, Cattle 8/30/25
- Wright team
- Aug 30, 2025
- 5 min read
Tidbits
Yesterday was the last trading day of the week, the month, and the marketing year for corn and soybeans. Unusual things can happen in a market on such days and so it was yesterday!
Corn was sharply higher yesterday without any new news. We all know that yields will most likely come down in the coming months, corn and wheat exports are great and bean exports are great considering China is not buying any U.S. beans, ethanol crush is good, dry weather and disease will hasten harvest, etc.
The SuperTrend Indicator switched to bullish for corn on Friday.
As always, when corn, wheat, or beans rally smartly for no apparent reason, at the end of the day, market analysts say something like this:
“Another rumor is circulating that China is buying corn out of the US. Nobody could confirm that."
That is a quote from Eduardo Vanin of AgrInvest Commodities. Do not think we are criticizing Eduardo, because we are not. We are sure that rumor is out there; that rumor is always out there when there is no logical reason for the market to do what it did.
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