Soybean Prices Climb as China Returns to U.S. Market

Listen to the Evening Delmarva Farm Report Update — July 13, 2026

DELMARVA — Soybean prices closed higher Monday as China resumed purchases of American soybeans, with additional support coming from a hot, dry weather pattern building across the country. The USDA’s latest crop conditions report rates soybeans at 65% good to excellent nationally, up 1 point from last week.

Maryland grain farmers should note that a referendum on the state’s Grain Checkoff Program is scheduled for July 23, running from 10:30 a.m. to 1:30 p.m. at the Queen Anne’s County 4-H Park in Chester during the Maryland Commodity Classic. Producers unable to attend in person may request an absentee ballot by calling 443-262-8491 or visiting marylandgrain.com. If approved, the 35-year-old program continues through October 1.

Markets

August soybeans closed at $11.96¾ per bushel, up 5 cents. September corn settled at $4.41, up 1½ cents. September Chicago wheat finished at $6.35¼, down 5 cents.

At Laurel Grain Company in Laurel, Delaware, September corn is bringing $4.86 per bushel and November soybeans are at $11.45.

Forecast

The National Weather Service has issued an Extreme Heat Watch through Tuesday evening. Monday afternoon will remain sunny with a high near 84°F and southeast winds around 10 mph. Tuesday brings dangerous heat with sunny skies and highs near 91°F. Producers are advised to limit field time during peak afternoon hours and keep both livestock and workers hydrated.

This article is based on the Delmarva Farm Report Update Evening Edition, July 13, 2026. Hosted by Tom Bradley.