DELMARVA — Grain and livestock markets wrapped up Tuesday’s session with broad gains across most contracts.
Markets
July corn settled at $4.13¾, up 1¾ cents. July soybeans closed at $11.30, a gain of 10¾ cents. July Chicago wheat finished at $5.96, adding 6¼ cents.
Livestock futures surged in Tuesday’s session. August live cattle jumped $5.95 to settle at $249.20. August feeder cattle rose $5.32 to close at $366.87. July lean hogs slipped $1.77 to finish at $94.80.
At Laurel Grain Company in Laurel, Delaware, corn is bringing $4.59/bu on July delivery. Soybeans are bid at $10.70 for July.
Policy
The cattle industry is monitoring New World screwworm as the pest continues to move northward. Livestock operators say they are watching the situation carefully, with some expressing cautious optimism that impacts will remain limited farther from the current spread.
The biofuels sector is reporting a strong rebound after the EPA finalized higher biomass-based diesel blending requirements. Industry officials say capacity has climbed from around 50% through much of last year to above 70% already, with confidence the sector can meet the new demands.
Forecast
Tuesday ended sunny near 80°F. Tonight, clouds are expected to build with a chance of late showers. Wednesday brings partly cloudy skies, a chance of showers throughout the day, and highs in the mid-80s — field operators are advised to plan work accordingly.
This article is based on the Delmarva Farm Report Update Evening Edition, June 16, 2026. Hosted by Tom Bradley.
