DELMARVA — The Trump administration is pushing Congress to fold 2 major agricultural measures into a sweeping spending bill tied to the Iran war. The package includes $11.1 billion in additional farm aid, plus a provision allowing year-round sales of E-15 fuel — the 15% ethanol blend. Both items are part of a nearly $90 billion spending measure currently moving through Congress.
Policy
Corn producers may want to temper expectations heading into summer. A grain market economist with the University of Minnesota Extension says a review of corn futures dating back to 1990 reveals a consistent pattern of 12-14% price declines during late spring and early summer, suggesting history is not on the side of bullish traders.
A University of Maryland senior faculty specialist is warning that a strengthening El Niño could become one of the most powerful in recent memory, potentially disrupting crop production worldwide through drought and flooding. Delmarva farmers are advised to monitor how that pattern develops over the coming months.
Markets
At Wednesday’s close, July corn settled at $4.07/bu, down 2¾ cents. July soybeans closed at $11.08¾/bu, off 6¼ cents. July Chicago wheat finished at $5.85¾/bu. At Laurel Grain Company in Laurel, Delaware, December corn is trading at $4.50/bu.
Forecast
Thursday brings mostly sunny skies with a high of 85°F. Friday climbs to 89°F under partly sunny conditions, with showers and thunderstorms expected Friday night. Farmers are encouraged to plan field work accordingly.
This article is based on the Delmarva Farm Report Update Morning Edition, June 25, 2026. Hosted by Tom Bradley.
