DELMARVA — Farmers across the Delmarva Peninsula are watching the sky closely Tuesday, hoping a forecast chance of showers and thunderstorms delivers meaningful moisture to crops that have suffered through weeks of scorching, dry conditions. While some rain has fallen in recent days, producers say it has not been nearly enough to offset the toll dry weather has taken on regional fields.
Markets
Grain futures posted solid gains across the board at Monday’s close. September corn futures settled at $4.40¾/bu, up $0.15¾. August soybeans surged to $11.84/bu, gaining $0.47¾. September Chicago wheat closed at $6.14/bu, up $0.14¼.
Locally, Laurel Grain Company in Laurel, Delaware is bidding $4.84/bu for September corn and $11.46/bu for November soybeans.
Policy
On the national trade front, the United States has rejected renewal of the USMCA trade agreement in its current form, a development that carries potential implications for agricultural exports. Separately, the latest national crop report shows corn planted acreage down 3% this season, while soybean acreage is up 5%.
Forecast
Tuesday’s forecast calls for a high of 83°F with a chance of showers and thunderstorms. Northeast winds are expected at 5 mph. Wednesday looks partly sunny with a high of 82°F.
This article is based on the Delmarva Farm Report Update Morning Edition, July 7, 2026. Hosted by Tom Bradley.
