EPISODE · Jun 12, 2026 · 19 MIN
2026 USDA June Crop Report Neutral + U S HRW LOWEST SINCE 1965!
from The Ag Commodity Corner+ · host The Ag Commodity Corner+ Podcast
Try our Ag marketing program for free: https://riskmanagement.farms.com/?ret...#USDA #June #neutral #HRW #1965 #CFTC #wheat #corn #crudeoil #ElonMusk #trillionaire #spacex #weather #wildcard #elnino #CPC #urea #bullish #cattle #screwworm #fund There were no big surprises in the USDA June report as it historically is not a market moving report, but U.S. HRW production was lowered by 18 million bushels. The June USDA crop report was neutral- higher global stocks & South American production offset lower U.S. wheat and higher U.S. corn exports. Crude oil breaking lower technically on news of a peace deal with Iran. Elon Musk is now a trillionaire with the debut of the SpaceX IPO today! Markets pricing in a 2026 U.S. corn yield at 187 bpa with the worst start to June in 50+ years on non-threatening weather that remains a “wild card". El Nino has arrived according to CPC. U.S. wholesale Gulf urea prices plunged 81.3%. The spreading of screwworm in the U.S. is BULLISH cattle long-term.+ CFTC fund flow.
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2026 USDA June Crop Report Neutral + U S HRW LOWEST SINCE 1965!
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