Higher overnight trade has corn +3-6c and beans +6-9c
Crude oil is red by $.70/barrel with the U.S. dollar down 10 points
CU25 +15.5c vs. Sunday night's low with CZ25 +18.25c
U.S. President Trump said he reached a deal with Indonesia yesterday; Indonesia faces a 19% tariff and U.S. exports will not be taxed
Trump says Indonesia committed to buying $4.5 Bil in U.S. Ag products as well as 4.5 Bil in U.S. energy including 50 Boeing jets
Crop consultant Dr. Michael Cordonnier raised his U.S. corn yield figure 2 bpa to 182 bpa, pushing output to 15.79 bil bu
Dr. Cordonnier elevated his U.S. soybean yield estimate 1 bpa to5 2.5 bpa, increasing total crop size up to 4.33 bil bu
Cordonnier attributes record 2nd crop safrinha corn output in Mato Grosso to his 2.0 MT increase in BRZ's total corn crop to 134.0 MT
June NOPA Soy Crush Report came in @ 185.7 mil bu vs. 192.8 mb in May and 175.6 mb last June
NOPA Soy Crush Report showed soy oil stocks @ 1.366 mil lbs vs.1.373 mil in May and 1.622 mil last June
Russia's Sov Econ pegs 2025 grain production @ 130.5, +1.0 MT vs. prior est. w/wheat up from 83.0 to 83.6 MT
Slight risk premium is being added to summer row crop prices as intense temps and heat indices are set to impact the Corn Belt late month. Corn has bounced off fresh contract lows scored Sunday night with beans holding right near multi-month lows. CU25 remains perched just above the $4.00 handle while CZ25 trades $4.25+ this AM. SX25 is working to build a support base near the psychological $10.00 level.