DELMARVA — Soybean prices climbed this week on fund and technical buying, with weather concerns adding further momentum. Hot and dry conditions forecast through early August across major growing areas are raising alarm, as soybeans are currently in a critical development phase. Weather is expected to continue driving soybean prices in the days ahead. Wheat moved in the opposite direction, posting losses on the week.
Policy
Federal agriculture officials announced a phased reopening of livestock trade ports along the southern border. Arizona is first in line, set to resume trade beginning August 24. Other states are expected to follow.
Poultry
Delmarva poultry producers have a bright spot to report. The USDA reports June poultry production hit 4.751 billion pounds nationwide, up 8% from a year ago. Officials credit higher chicken slaughter numbers and heavier turkey weights. Chicken accounted for 4.299 billion pounds of that total.
Markets
Friday’s closing prices showed September corn settled at $4.64¼, up ¼ cent. August soybeans closed at $12.48, up 10½ cents. September Chicago wheat dropped 18¼ cents to $6.78. August live cattle rose $1.67 to $227.07. August feeder cattle added $1.55, closing at $345.32.
Locally, Laurel Grain Company in Laurel is bidding $5.09 per bushel on September corn and $12.04 on November soybeans.
Forecast
Saturday brings mostly sunny skies with a high of 82°F. Sunday will also be sunny with a high of 85°F, offering good fieldwork weather heading into the weekend.
This article is based on the Delmarva Farm Report Update Morning Edition, July 25, 2026. Hosted by Tom Bradley.
