{"id":92091,"date":"2026-07-07T04:47:47","date_gmt":"2026-07-07T08:47:47","guid":{"rendered":"https:\/\/tvdelmarva.com\/wp\/grain-markets-surge-as-delmarva-farmers-eye-desperately-needed-rain\/"},"modified":"2026-07-07T04:47:47","modified_gmt":"2026-07-07T08:47:47","slug":"grain-markets-surge-as-delmarva-farmers-eye-desperately-needed-rain","status":"publish","type":"post","link":"https:\/\/tvdelmarva.com\/wp\/grain-markets-surge-as-delmarva-farmers-eye-desperately-needed-rain\/","title":{"rendered":"Grain Markets Surge as Delmarva Farmers Eye Desperately Needed Rain"},"content":{"rendered":"\n<figure class=\"wp-block-audio\"><audio controls src=\"https:\/\/radio-ai.tvdelmarva.com\/api\/episodes\/880\/audio\"><\/audio><figcaption>Listen to the Morning Delmarva Farm Report Update \u2014 July 7, 2026<\/figcaption><\/figure>\n\n\n<p><strong>DELMARVA<\/strong> \u2014 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.<\/p><h2>Markets<\/h2><p>Grain futures posted solid gains across the board at Monday&#8217;s close. September corn futures settled at $4.40\u00be\/bu, up $0.15\u00be. August soybeans surged to $11.84\/bu, gaining $0.47\u00be. September Chicago wheat closed at $6.14\/bu, up $0.14\u00bc.<\/p><p>Locally, Laurel Grain Company in Laurel, Delaware is bidding $4.84\/bu for September corn and $11.46\/bu for November soybeans.<\/p><h2>Policy<\/h2><p>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%.<\/p><h2>Forecast<\/h2><p>Tuesday&#8217;s forecast calls for a high of 83\u00b0F with a chance of showers and thunderstorms. Northeast winds are expected at 5 mph. Wednesday looks partly sunny with a high of 82\u00b0F.<\/p>\n\n<p style=\"font-size:0.9em;color:#666;margin-top:2em;border-top:1px solid #ddd;padding-top:1em;\">This article is based on the <a href=\"https:\/\/tvdelmarva.com\/?page=farm-report\">Delmarva Farm Report Update<\/a> Morning Edition, July 7, 2026. Hosted by Tom Bradley.<\/p>","protected":false},"excerpt":{"rendered":"<p>DELMARVA \u2014 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 [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":92090,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[862],"tags":[],"class_list":["post-92091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agriculture"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/07\/farm-report-social-2026-07-07-am.png?fit=1200%2C630&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pbtNqq-nXl","jetpack-related-posts":[{"id":84013,"url":"https:\/\/tvdelmarva.com\/wp\/grain-livestock-futures-slip-lower-ahead-of-juneteenth-weekend\/","url_meta":{"origin":92091,"position":0},"title":"Grain, Livestock Futures Slip Lower Ahead of Juneteenth Weekend","author":"","date":"June 19, 2026","format":false,"excerpt":"Listen to the Morning Delmarva Farm Report Update \u2014 June 19, 2026 DELMARVA \u2014 Grain and livestock futures closed mostly lower Thursday as markets wrapped up ahead of the long Juneteenth weekend, with profit-taking weighing on soybean and wheat contracts.MarketsJuly soybeans settled at $11.22\u00be\/bu, pressured by profit-taking. 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