DELMARVA — Soybean markets suffered significant losses Monday, with several near-term contracts hitting limit-down as traders grew increasingly concerned that planned trade talks with China could be delayed beyond their late March target due to ongoing tensions in the Gulf region. Treasury Secretary Scott Bessent attempted to calm market concerns, but his comments had little effect on trading sentiment.
Cattle ranchers across Delaware are wrapping up a challenging winter and turning their attention to spring breeding season. As calving operations wind down, producers are preparing to move herds onto fresh pasture while making critical breeding decisions ahead. Extension specialists remind ranchers that livestock are now entering the most nutritionally demanding phase of their annual cycle, requiring careful planning and management through the coming weeks.
Markets
May corn futures are trading at $3.98 per bushel. May soybeans are at $10.12. July wheat stands at $5.46. Local grain elevators are paying $3.70 for cash corn and $9.85 for soybeans.
Forecast
Partly sunny skies are expected today with a high of 42 degrees and west winds 15 to 20 miles per hour. Tonight drops to 25 under partly cloudy skies with northwest winds 5 to 15 miles per hour. Wednesday looks mostly sunny with a high near 40.
This article is based on the Delmarva Farm Report Update Morning Edition, March 17, 2026. Hosted by Tom Bradley.
