Welcome to Valley View Milling, LLC 

 

Please pay attention to all posted signs and guidelines.

Check out our Discount Schedules and Delay Payment policies.

Soybeans

Corn

Call our Grain Buying Phone Number to sell your grain,

(785) 336-9043

Or call our main office to talk about your feed & grain needs.

(785) 336-5355

Thank you!

Harvest Hours:

Monday-Friday 5:00 a.m. - 6:00 p.m.

Saturday 7:00 a.m. - 4:00 p.m.

Sunday CLOSED



Normal Hours:

Monday-Friday 5:00 a.m. - 5:00 p.m.

Saturday 7:00 a.m. - 11:00 a.m.


Call us at (785) 336-5355 to find out what we can do for you!


2875 KS-63
Seneca, KS 66538



Futures Quotes
Quotes are delayed, as of July 02, 2025, 11:35:07 PM CDT or prior.

Daily Commentary

🌾 Daily Market Update – July 2, 2025

πŸ“Š Grain Market Summary

CropChangePrice
Corn πŸ”» -2.6 $4.032
Soybeans πŸ”Ί +6.4 $10.336
SRW πŸ”» -3.2 $5.456
HRW πŸ”» -2.2 $5.290

🌽 Corn Yield Outlook Sparks Debate

Trade chatter is intensifying around potential U.S. corn yields:

  • Some analysts project yields could land 2–5% above trend, putting national averages between 184.6 and 190.1 bpa.

  • Others are skeptical, citing challenges such as record acreage (95.2M acres) and lower input use.

πŸ“’ While it’s too early to draw conclusions, the conversation is gaining momentum and could influence positioning in the weeks ahead.


🌎 Global Weather Highlights

  • Black Sea Region: Southern Russia remains critically dry, adding stress to wheat fields. Ukraine's conditions are mixed.

  • Brazil Crop Estimates Climb on Strong Second Corn Crop

    • StoneX now pegs Brazil’s corn crop at 136.1 MMT, up from 134 MMT, with the second crop at 108.2 MMT.

    • Soybean forecast increased slightly to 168.8 MMT.

    • USDA still estimates corn production at 130 MMT—a 240M bushel gap. Updates expected next week from USDA and CONAB.


πŸ‡ΊπŸ‡Έ U.S. Weather Overview

🌦️ Forecast Update: Scattered Showers and Persistent Heat

  • Next 5 Days: Light precipitation expected—mainly scattered showers in Minnesota and Wisconsin.

  • Model Split Continues:

    • Euro model favors a wetter pattern.

    • GFS model shows continued dryness in the Eastern Corn Belt.

  • Temperature Trends:

    • Above-normal heat continues through the weekend.

    • The 8–14 day forecast keeps things hot, though ensemble models hint at some moderation.


🌽 Northeast Kansas Weather & Crop Snapshot

  • Local Conditions: Overnight spotty rains brought modest relief to dry topsoil.

  • Corn: Early-planted fields are beginning to tassel. Crops are holding up well, though light stress is visible in sandier soils.

  • Soybeans: Nodulation is progressing, but weed pressure is growing under current humidity.

  • Wheat Harvest: Some fields have been cut, with average to slightly below-average yields.


🌐 Market Drivers & Policy Developments

πŸ“‰ Farmer Confidence Slips Amid Export Uncertainty

The Purdue/CME Ag Barometer fell to 146 in June, down 12 points from May:

  • Top concern: Future of agricultural exports.

    • 46% of farmers expect trade policy to hurt farm income.

    • 27% expect a benefit.

πŸ‡¨πŸ‡³ U.S.–China Trade Outlook Remains Cloudy

  • Still no new-crop soybean purchases from China.

  • Speculation continues around a potential U.S.-China presidential meeting later this week.

πŸ›’οΈ Policy Clash Emerges Over Biofuel Tax Credit

  • Debate grows over the proposed 45Z tax credit:

    • Farm groups want it limited to North American feedstocks 🌎.

    • Oil industry opposes it, warning of higher fuel prices β›½.

    • If implemented, this could boost soybean oil demand and align with the “America First” energy agenda.

🚜 Ethanol Market Update

  • Production remains strong—still near record weekly highs.

  • Stocks rising, though corn usage per gallon is down due to efficiency improvements.

  • Despite bullish fundamentals, futures are underperforming, possibly due to:

    • Expectations of a large new crop, and

    • A belief that efficiency gains offset rising export demand.

πŸ’΅ Dollar Movement & Export Sentiment

  • The U.S. dollar softened slightly, which usually supports exports, but market reaction has been muted so far.


πŸ”­ Looking Ahead: What to Watch

  • Model Trends: GFS and Euro disagreement continues. A unified shift toward dryness could trigger new buying interest.

  • Thursday’s Export Sales Report: Markets are watching for any surprise demand, especially from China.

  • Pre-Holiday Positioning: Expect lighter volume and volatility Thursday ahead of the July 4th market closure.


🌱 Ag Fun Fact of the Day

Soybeans are the chameleons of agriculture — used not just in animal feed, but in thousands of consumer products, including candles, crayons, car tires, and even seat cushions. Over 98% of U.S. soybeans are processed domestically.


Ag Market Commentary
Hogs Turn Higher on Wednesday
Lean hog futures saw marginal strength of 40 to 95 cents on the Wednesday session. USDA’s national base hog price was back up 51 cents in the Wednesday afternoon report, with negotiated trade at $112.06. The CME Lean Hog Index was down 77 cents at $110.99 on June 30. USDA’s...
Cotton Bulls Gain Ground on Wednesday
Cotton futures closed out the Wednesday session with contracts up 40 to 60 points. Crude oil was up $2.09/barrel at $67.54, with the US dollar index $0.032 lower to $96.435. Earlier today, President Trump announced a trade deal with Vietnam, stating the country is charging no tariffs on US goods....
Cattle Bulls Push Back on Wednesday
Live cattle futures pushed higher into the Wednesday close, with contracts up $1.70 to $1.90 in the nearbys. The Wednesday morning Fed Cattle Exchange online auction showed $218 bids on 984 of the 1,064 head offered, with another BidTheGridβ„’ sale at $228 in IA. Outside of that, sales of $230-231...
Soybeans Rally on Wednesday
Soybeans were in rally mode on Wednesday, with contracts up 20 to 26 cents on the day. The cmdtyView national average Cash Bean price was up 23 3/4 cents at $10.12 1/2. Soymeal futures were $2.90 to $4.10 higher on the day, as Soy Oil was up 110 to 140...
Corn Posts Double Digit Strength on Wednesday
Corn futures found some strength on Wednesday, with some squaring things up ahead of the three day weekend. Contracts were up 9 to 12 cents. The front month CmdtyView national average Cash Corn price was up 11 3/4 cents at $4.03 1/2. Thursday will be the last trade day of...
Wheat Rallies into the Close
Wheat bulls were pushing things higher on Wednesday, with gains across all three markets. Chicago SRW wheat posted 15 to 19 cent gains on Wednesday. There was 1 contract issued against CBT wheat overnight. KC HRW contracts were 11 to 12 cents in the green at the final bell. There...

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The CME Group