The USDA WASDE report on May 12 featured shockingly low wheat production numbers, especially for hard red winter wheat and the Kansas City futures specifically. The months-long drought, combined with a series of frost events, sent wheat production well below pre-report trade expectations. The market reacted accordingly, with the already long managed money funds likely adding to their tally by the end of Tuesday.
The Wall Street Journal first reported that President Donald Trump would sign an executive order to waive tariff-rate quotas for all beef imports into the U.S. The move would allow importers to buy more foreign beef without facing higher tariffs for 200 days. The order comes as beef imports are already soaring compared to last year.
Pasture and range conditions are worst in Nebraska and in other High Plains states. Missouri and Iowa lead the Midwest with 78%-80% rated good to excellent.
Attention Customers
OEL offers thanks to Jeff & Carolyn Klomp, J-Lyn Grain, for 10 years of a successful business relationship and wish them well in their retirement! Also, a great big welcome to Marty & Tracy Leenders; we are looking forward to continuing that same successful business relationship! J-Lyn recently made the following announcement:
Good morning Growers, It is with great pleasure that we introduce the new owners of J-Lyn Grains, Marty and Tracy Leenders, along with their young family. The transition will take place on June 15, 2026. Marty and Tracy will continue to operate under the same terms and agreements that J-Lyn Grains has had with Ondrejika Elevators, ensuring continuity for all. To support a smooth transition, we will remain on as consultants throughout the 2026 harvest season. We are very excited for Marty and Tracy and what lies ahead as they build strong relationships with all of you. We are so very thankful for all of the support over the years growing together, and getting to know you all. We look forward to what the future holds and to staying connected. Warm regards, Jeff and Carolyn
We are the Leenders family, Marty and Tracy along with our kids Leona, Alice, Ila and Hank. Marty was born and raised in Dowine township where he purchased the family farm taking over the pig and cash crop operation. Tracy born and raised in the Mitchell area where she was heavily involved in the dairy industry working for several dairy farms over the years. We both have a passion for the farming industry, and are excited to grow our knowledge. We look forward to meeting and working with everyone.
♦ OEL - Agronomy
OEL is ready to handle your input business for 2026! Talk to the staff at Centralia regarding your seed, fertilizer, and crop protection needs. Brian: (519) 274-4798 Britt: (519) 719-8122 Centralia Office: (519) 228-6687
Quote of the Day
"A man is successful if he gets up in the morning and gets to bed at night, and in between; does what he wants to do."
