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Grain Prices Rise on Strong Export Sales, Cattle Futures Hit Record

7/25/2025

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Summary

Story summary

Grain prices increased slightly, driven by strong export sales of corn, soybeans, and wheat, especially to China.
The USDA reported notable corn export sales for 2025-26, reaching 135,000 MT.
Cattle futures reached record highs due to limited supplies, while hog futures recovered with stable wholesale prices.
Anticipated USDA reports are expected to reveal decreased cattle inventory and feed numbers.

History

Historical Context

The 2008 global food crisis, marked by soaring grain prices and U.S. corn exports reaching 135 million tons, prompted governments to reevaluate agricultural policies. This crisis echoed earlier events, such as the 1980 U.S. grain embargo against the Soviet Union, which disrupted trade and highlighted vulnerabilities in food security. Today, rising grain prices and strong exports to China reflect ongoing challenges in global food systems.

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Story summary

Grain prices increased slightly, driven by strong export sales of corn, soybeans, and wheat, especially to China.
The USDA reported notable corn export sales for 2025-26, reaching 135,000 MT.
Cattle futures reached record highs due to limited supplies, while hog futures recovered with stable wholesale prices.
Anticipated USDA reports are expected to reveal decreased cattle inventory and feed numbers.

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