DELMARVA — The nation’s corn and soybean crops are holding up despite intense summer heat across the Midwest and Plains, according to the USDA’s latest crop condition report. 67% of U.S. corn is rated good to excellent, with soybeans matching closely at 66% in that same category.
Condition ratings vary considerably from state to state, and both crops are moving through critical developmental stages, meaning the coming days remain significant for final yields.
Policy
On the trade front, a senior USDA official says an upcoming review of the U.S.-Mexico-Canada Agreement will benefit American farmers. Luke Lindberg, USDA Under Secretary for Trade and Foreign Agricultural Affairs, says the goal is adding new market access — not reducing it — for U.S. producers.
Markets
Grain futures closed mixed Monday. September corn settled at $4.49½/bu, up 4¾ cents. August soybeans closed at $12.26/bu, up 21½ cents. September Chicago wheat fell 8¾ cents to $6.74/bu.
At Laurel Grain Company in Laurel, Delaware, September corn is bringing $4.95/bu. November soybeans are bid at $11.77/bu.
August live cattle settled at $226.52, up $2.10 on the day.
Forecast
A Flood Watch is in effect through early Wednesday morning. Monday night brings a chance of showers and thunderstorms with a low of 71°F. Tuesday calls for showers and thunderstorms likely, with a high of 89°F. Farmers are advised to plan field work accordingly.
This article is based on the Delmarva Farm Report Update Evening Edition, July 20, 2026. Hosted by Tom Bradley.
