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Jun 12 | Closing Market Report

The June 12, 2026, Closing Market Report covers recent developments in agricultural markets, regional corporate investments, and long-term weather forecasts. Market analyst Mike Zuzolo notes that wheat and corn surprisingly closed higher despite a bearish USDA WASDE report that lowered the season's average cash price for wheat by 50 cents. Zuzolo attributes underlying market support to strong domestic ethanol and export demand, though he warns that soybeans face downward pressure from competitive South American crops if corn and wheat fail to establish a bottom. In state news, the USDA…

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