Coming off their first preseason game, the word of the day at Chiefs Training Camp was improvement. 

After falling to the Arizona Cardinals 20-17, head coach Andy Reid said the team had many mistakes to fix and clean up when it came to penalties, having 11 in the game. 

Reid says you address that in practice by detailing your work

"You've got to focus in on the gameplan, know where you're at, and then understand the snap counts and you have to up your attention span there so you get those things covered," Reid tells reporters following practice in St. Joseph.

It was a light practice as the Kansas City Chiefs returned to Missouri Western State University after their preseason opener against the Cardinals. 

Linebacker Nick Bolton says he felt like the defense as a whole did some good things during the preseason opener

"Our tackling was pretty decent, I think our run defense showed up pretty well, got some physicality, and obviously got a turnover," Bolton says.  "So, I feel like some of the things we wanted to do this year we were able to do that, so I think it's a good start, good foundation, but a lot to improve on still."

The Chiefs defense did suffer a blow in the game, losing Deon Bush to an Achilles tendon tear with the safety expected to miss the entire season. 

Kansas City will hope to address the mistakes quickly with their next preseason game coming up on Friday against the Seattle Seahawks.

For the first time in his career not in a quarterback competition, Gardner Minshew suited up for the Kansas City Chiefs Saturday for the first time in preseason action

Minshew rushed for a touchdown and threw for 54 yards before being pulled from the game.  

Minshew says during practices and leading into the season, the biggest challenge for him from Andy Reid has just been to be aggressive

"Take shots, take chances, these practices are times to learn, figure out your limits what you can do," Minshew explains.  "So it's been good, pushing myself, trying to be aggressive, and trying to figure out where i fit in the offense."

Minshew signed with Kansas City on a one year deal in March, replacing Carson Wentz as Patrick Mahomes primary backup, coming to the Chiefs from the Las Vegas Raiders

In a 10-10-10 capacity, in shorts and shells, the Chiefs practiced for just over two hours.  There are just two more practices in St. Joseph, the first tomorrow at 9:15.

You can follow Matt on X @KfeqMatt.&nbsp;&nbsp;

Improvement focus of Chiefs Training Camp after first preseason game

By:&nbsp;<a href="https://missouriindependent.com/author/shalina-chatlani/">Shalina Chatlani</a>

At least 12 states have received federal approval to restrict recipients of the Supplemental Nutrition Assistance Program, or SNAP, from using their benefits to purchase certain foods such as soda and candy.

The states receiving waivers from the U.S. Department of Agriculture are overwhelmingly Republican. Colorado, Florida, Louisiana, Oklahoma, Texas and West Virginia received approval last week. The feds granted waivers to Arkansas, Idaho, Indiana, Iowa, Nebraska and Utah earlier this year.

Missouri lawmakers have debated a similar ban for several years, but it has yet to win legislative approval.

SNAP&nbsp;<a href="https://www.ers.usda.gov/topics/food-nutrition-assistance/supplemental-nutrition-assistance-program-snap/key-statistics-and-research" target="_blank">served on average</a>&nbsp;nearly 42 million people a month in fiscal 2024, with about 12% of the U.S. population receiving benefits.

The trend is part of U.S. Health and Human Services Secretary Robert F. Kennedy Jr.’s agenda to “make America healthy again” by inviting states to apply for waivers to change SNAP rules to limit what types of food recipients can buy.

Kennedy said in a statement that SNAP has used taxpayer dollars to “fuel America’s diabetes and chronic disease epidemics.”

“These waivers help put real food back at the center of the program and empower states to lead the charge in protecting public health,” the statement said.

Critics of these waivers say the policy could harm people in places such as food deserts, where healthy options are limited, and take away recipients’ power to make their own food choices.

Craig Gundersen, a professor in the Department of Economics at Baylor University, told Stateline that these changes could harm the integrity of the program.

“One of the main reasons why SNAP is such a successful program is because it gives dignity and autonomy to recipients. It gives dignity to recipients by allowing them to shop in the same manner as their neighbors, friends and family, and it gives autonomy to recipients by saying to families: You are the best ones to make decisions for your families about what to purchase,” Gundersen said.

Gundersen said he worries the restrictions could stigmatize SNAP, which he called one of the best programs for fighting food insecurity.

<a href="https://stateline.org/" target="_blank">Stateline</a>&nbsp;is part of States Newsroom, a nonprofit news network supported by grants and a coalition of donors as a 501c(3) public charity.&nbsp;

A dozen states win approval to restrict soda, candy for SNAP recipients

KFEQ Morning Sports

KFEQ Morning News 

The Missouri Division of Cannabis Regulation released the draft of cannabis rules that would give it more authority to keep non-compliant owners from obtaining other licenses

BY:&nbsp;<a href="https://missouriindependent.com/author/rebecca-rivas/">REBECCA RIVAS</a> <a href="https://missouriindependent.com/briefs/missouri-senate-committee-advances-bill-to-ban-texting-while-driving/">Missouri Independent</a>

Missouri cannabis business owners who have had their license revoked for violating state rules could be prohibited from getting another license under&nbsp;<a href="https://health.mo.gov/comment/" target="_blank">proposed rules</a>&nbsp;announced by state regulators Thursday.&nbsp;

The Missouri Division of Cannabis Regulation released the draft of a massive overhaul of cannabis rules giving regulators more authority to address a range of issues, including predatory practices in the state’s social-equity cannabis licenses, product recalls involving hemp-derived THC and non-compliant owners obtaining other licenses.

“We have found over the years that there’s really not a lot of structure or authority in rule… for us to address individuals in ownership or potential ownership who have been found to be either violating regulations themselves or responsible for those who are violating rules,” Amy Moore, director of the division, told The Independent Friday. “We have found that that is a gap.”

Among the rule revisions, Moore said, is a requirement for businesses to have mechanisms in place to remove owners who are responsible for violating state regulations.&nbsp;

The changes cover so much ground, Moore said, because the division hasn’t made any rule alterations since the recreational marijuana constitutional amendment passed in 2022.

“It’s the things that we’ve learned over time,” she said, “and found it needed improvement or needed to be fixed. Hopefully we’re not missing anything.”&nbsp;

Aside from revisions, a brand new rule released Thursday would establish an unlimited number of research licenses to study cannabis in Missouri.

The public can submit the feedback on the&nbsp;<a href="https://health.mo.gov/comment/" target="_blank">division’s website</a>&nbsp;until Aug. 21, and regulators will then review them and decide if they want to formally submit the rules to the Secretary of State’s Office.&nbsp;

Moore said if her team decides to move forward, they would like to do it “quickly.”

“If I thought, ‘Okay, we’ve solved everybody’s concern’…we could have it done in a couple weeks,” she said, “but we want to be sure that we are open to all the feedback and that we really consider it all.”

Nearly a year after the state stripped Robertsville-based Delta Extraction of its license in&nbsp;<a href="https://missouriindependent.com/2023/11/16/cannabis-regulators-to-revoke-license-of-missouri-company-at-center-of-recall/">November 2023</a>, regulators approved one of the company’s co-owners — AJO LLC — to take over a cultivation and manufacturing facility in Waynesville in May 2024. It’s a far bigger operation than Delta Extraction, and it also involves several dispensaries as well.

Lisa Cox, spokeswoman for the division,&nbsp;<a href="https://missouriindependent.com/2025/05/30/co-owners-of-missouri-company-at-center-of-marijuana-recall-got-greenlight-for-another-license/">told The Independent in May</a>&nbsp;that the rules currently do not prohibit individuals who have had a license revoked from acquiring another license.&nbsp;

Moore said Friday that the new rules would give the division “a much better standing” to deny an application for a license for an owner who’s been noncompliant previously.&nbsp;

She hopes it gives licensees “fair warning” when choosing future business partners.

“That’s part of why these new rules are so important,” she said. “This rule gives them a big heads up that that’s not going to work out for them, and they shouldn’t make that investment and get themselves tied up with individuals who have had previous non compliance.”

It also establishes an annual review of ownership for every license.&nbsp;

In February, Delta lost its appeal to get its license back, with Missouri’s administrative hearing commission concluding it had a “corporate culture of lax compliance with regulatory requirements.”

The scathing 137-page&nbsp;<a href="https://legacy.www.documentcloud.org/documents/25540171-delta-extraction-decision" target="_blank">ruling</a>, issued by Commissioner Carole Iles, informed the revisions released Thursday, Moore said.&nbsp;

Iles agreed with the division that the company’s practice of bringing in hemp-derived THC concentrate from other states and adding it to Missouri-grown marijuana products was a violation of state law.&nbsp;

“What this is doing is clarifying what we believe has always been in our rules and I think the Delta Extraction order from AHC confirms that that is what our rules mean…” Moore said, “that all the THC and THCA and those types of compounds need to originate from cannabis grown in our licensed facilities.”

The microbusiness program, which was written into the Missouri 2022 constitutional amendment that legalized marijuana, was designed for the licenses to end up in the hands of disadvantaged business owners. The eligibility criteria includes disabled veterans, those with lower incomes and people with non-violent marijuana offenses.

Since the program began in 2023, the division has struggled to prevent what some legal experts have called “fronts,” or arrangements where the profits and ownership weren’t going to people that regulators had certified were eligible.&nbsp;

Of the 96 microbusiness licenses issued so far,&nbsp;<a href="https://missouriindependent.com/2025/04/15/missouri-cannabis-regulators-revoke-25-microbusiness-licenses/">regulators have revoked 34</a>.&nbsp;

For&nbsp;<a href="https://missouriindependent.com/2023/10/26/applicants-recruited-on-craigslist-competed-for-missouri-social-equity-cannabis-licenses/">the last two years</a>, The Independent has documented the pattern of well-connected groups and individuals flooding the microbusiness lottery by recruiting people to submit applications and then offering them contracts that limited their profit and control of the business. A majority of the revoked licenses followed this pattern.

These kinds of agreements violate the constitutional requirement that the license be “majority owned and operated” by eligible individuals, Moore explained at a division&nbsp;<a href="https://missouriindependent.com/2025/02/21/unlawful-predatory-practices-must-be-rooted-out-of-missouri-microbusiness-program-regulator-says/">town hall meeting</a>&nbsp;in February.&nbsp;

“It is not sustainable to keep going through rounds of license issuance and then having to do rounds of revocations,” she said in February. “We’re never going to get this market fully built out.”

The division first released rule changes for microbusiness licenses in December.&nbsp;The draft released Thursday includes some of the feedback the division received this winter, Moore said, but retained the core elements.

The designated contact for a microbusiness applicant must still be an eligible individual contributing to the majority ownership of the microbusiness license. And any entity who was the designated contact for a license that was previously revoked for failure to comply with the ownership and operation requirements may not be allowed to be involved in any capacity in a future microbusiness application.&nbsp;&nbsp;

In order to prevent numerous revocations, the division is proposing to adjust when its extensive application-review period occurs.&nbsp;

“Those adjustments really clarify what we are actually accomplishing here, which is ensuring that these licenses are held by eligible individuals,” Moore said. “And I think everyone really should agree that that’s the goal. I think the language that they have now is better&nbsp;focused on doing that.”

Missouri cannabis regulators target rule breakers, predatory contracts

It’s national
“8-1-1 Day” – the day homeowners are reminded to call 8-1-1 before they dig.

Manager of Damage
Prevention for Spire, Alan Meyer, says it’s important to call 8-1-1 before
beginning that excavation project.

“Well, the
importance is to keep you and your community safe,” Meyer tells KFEQ/St. Joseph
Post.

And a simple, free
call to 8-1-1 can accomplish that.

“Well, I would say
no matter how big or small the project is, you have utilities below ground. The
call is free,” Meyer says. “Why not protect yourself?”

After placing the
call to 8-1-1, utility representatives will come to your property and mark
where the utility lines run under your property. It takes two to three days for
utilities to respond to the job site.

Meyer says
property owners should place the free call to 8-1-1 before beginning to dig,
even if they think it’s a small project such as installing a mailbox, putting
on a deck, or planting flowers.

“The size of the
project doesn’t matter,” Meyer says. “Whether you’re planting tulips in your
flower bed or you’re planting trees in your backyard or you’re doing an
irrigation system intact, anything like that. It doesn’t relinquish the
importance of calling.”

But, if you don’t
call and you or your contractor rupture a gas line, Meyer says you need to move
to a safe location upwind of the damage. Call 9-1-1 immediately.

“And you also need
to call 8-1-1, notify them that you’ve hit a utility and you also need to call
the gas company so that they can respond,” Meyer says. “The beauty of calling
9-1-1 is you’re going to get people in route. They’re the first responders,
typically. They’ll start making the area safe. But, again, the first thing is
to move to a safe location, upwind of the damage.”

Spire recommends
these steps for safe digging:

• Dial 811 to
request a site be marked. The call and the locating services are free.

• Call at least
three days before digging. A locator will mark lines that could be impacted by
your project. Spire lines will be marked with yellow flags and/or spray paint.

• Be careful when
digging around the markers to avoid accidentally damaging buried natural gas or
other utility lines.

• Double check the
lines have been marked and ask your contractor if you hired one. Do not allow

The annual “811
Day” initiative is led by the U.S. Department of Transportation’s Pipeline and Hazardous
Materials Safety Administration.

For more
information about safe digging and excavation, visit
<a href="https://spireenergy.com/call-you-dig">spireenergy.com/call-you-dig</a>.

You can follow&nbsp;Brent on X @GBrentKFEQ

August 8th - 8/11 - or National 8-1-1 Day

ATCHISON COUNTY —Law enforcement are investigating a suspect for an alleged violent knife attack.

At 6p.m. on Saturday police responded to a disturbance in an alley on the north side of the 800 block Commercial Street in Atchison, according to Police Chief Mike Wilson. It was determined two men, who were known to each other, had been involved in the disturbance and both were still at the scene.&nbsp; 

A 52-year-old man had sustained a stab wound to his arm. EMS was called to the scene but he refused transport to the hospital. Police took 42-year-old Albert Goodman into custody at the scene on requested charges of aggravated battery and aggravated assault and taken to the County Jail. Police also recovered a knife used in the stabbing, according to Wilson.

Police: Kansas man jailed after stabbing during dispute

DAVIESS COUNTY —One person was injured in an accident just before 5a.m. Sunday in Daviess County.

The Missouri State Highway&nbsp; Patrol reported a 2021 Polaris RZR driven by a 22-year-old Jamesport man was westbound on Topper Avenue at 320th Street one mile west of Lock Springs. The driver failed to negotiate a curve. The driver overcorrected. The vehicle overturned and he was ejected.

A private vehicle transported the driver to Hedrick Medical Center. He was not wearing a helmet, according to the MSHP.

Missouri man injured after UTV overturns

Hospitals across Missouri are preparing for reduced revenue and increased costs under President Donald Trump’s new budget plan, which will slash more than $1 trillion from Medicaid spending over the next decade

By:&nbsp;<a href="https://missouriindependent.com/author/megcunningham/">Meg Cunningham</a>

Missouri’s 67 rural hospitals are pondering a dramatically different future under President Donald Trump’s new budget plan.

The recently approved budget bill will slash federal Medicaid spending by more than $1 trillion over the next decade. By some estimates, it could lead to 8.6 million people nationwide losing health coverage.

Various estimates conclude that between 130,000 and 170,000 Missourians could lose coverage under the&nbsp;<a href="https://thebeaconnews.org/stories/2025/07/11/medicaid-mo-healthnet-kancare-changes-2025/" target="_blank">state’s Medicaid program, known as MO HealthNet</a>, over the next decade.

And even if you have commercial insurance, the impact on hospital operations and finances could still affect your health care. As people delay treatment for their health conditions due to a lack of insurance, they’ll start relying more on the emergency room as their primary form of health care, experts say.

That will lead to more crowded emergency departments. Moreover, the burden to pay for uninsured patients will shift onto the hospitals that provide the care, and eventually back to patients.

With the budget plan in motion and spending cuts materializing, Missouri’s hospitals are now taking a look at their finances and preparing for an uptick in costs.

For rural Missourians, even those who aren’t on Medicaid, it means the types of health care available to them in the form of obstetric units, primary care providers or specialty providers could be changing.

Or their nearby hospital could be gone altogether.

“We are likely going to see rural hospital closures,” said Sheldon Weisgrau, the vice president of health policy at the Missouri Foundation for Health, in a press briefing.

“We have not had any rural hospitals close since we expanded the Medicaid program,” he said. “We are likely to see rural hospitals close because they operate on the financial edge.”

What do worsening hospital finances under Medicaid cuts mean for you?&nbsp;

Mercy, which is based in the St. Louis area, operates 112 hospitals and emergency rooms across Missouri, Kansas, Oklahoma and Arkansas and has a large footprint in rural Missouri. Mercy estimates that the budget will lead to bigger revenue losses every year.

Five years from now, they estimate, they’ll lose $300 million in revenue annually.

“That’s going to mean we’re going to have to radically look at how we deliver care differently — that is still responsive to our communities,” said Cheryl Matejka, the executive vice president and chief financial officer at Mercy. “It’s going to be different for us to survive and thrive.”

Under the plan, Missouri stands to lose an estimated $23 billion in federal funding over the next decade, according to the Missouri Foundation for Health.* Much of Missouri’s federal money covers the cost of Medicaid for the Affordable Care Act expansion group, which voters approved coverage for with an amendment to the state constitution in 2020.

The new federal budget restricts how states and hospitals can pay for the services they provide by limiting the fees that states can collect from health care providers. It also puts limits on what states can pay hospitals to help them fill gaps in their finances for treating Medicaid patients.

Broken down by year, Missouri’s federal funding for Medicaid will drop about 20% annually as the plan moves forward, Weisgrau said.

“All of this is going to have a disproportionate impact in rural communities,” Weisgrau said.

The Missouri Foundation for Health analyzed the budget plan, he added, and found that rural health care providers could lose 21 cents of every dollar they currently get from Medicaid.

According to&nbsp;<a href="https://www.kff.org/key-facts-about-hospitals/?entry=rural-hospitals-rural-profit-margins" target="_blank">KFF</a>, hospitals overall had an operating margin of 5.2% in 2023. For rural hospitals, that margin was 3.1%.

The bulk of the concern stems from an expected rise in uncompensated care — hospitals treating patients even if they cannot pay.

“When folks lose their insurance coverage, it doesn’t mean they don’t continue to get sick,” Weisgrau said. “A lot of them stay out of the health care system because they know they can’t afford it.”

Once their health deteriorates to a certain point, they go to the emergency room, where they are required to be treated, even if they cannot pay for that care.

Mercy, for example, sets aside part of its budget to account for that cost.

“We give away about half a billion dollars of uncompensated or unreimbursed care,” said John Mohart, the executive vice president and chief operation officer for Mercy. “Some of that is for Medicaid patients already, because it doesn’t cover the costs that we have.”

But for smaller hospitals, the flexibility to provide that uncompensated care isn’t there. Fewer insured people will only increase costs.

“If you see an uninsured patient, then you probably have to assume that there is a pretty good chance you’re just going to have to eat those costs,” said Timothy McBride, a public health expert and economist at the Washington University School of Public Health.

As a result, even those covered by commercial insurance could see their premiums rise to help cover the care.

“These costs are passed on to the rest of us,” Weisgrau said. “We will see private insurance premiums going up. Even folks who have good coverage from their employers and think they might be immune from some of these Medicaid cuts&nbsp;&nbsp;will see impacts of this down the line.”

How far will the rural hospital fund go in saving at-risk hospitals?&nbsp;

To help offset some of the costs rural hospitals are taking on, senators in Washington lobbied for the inclusion of a rural hospital stabilization fund. The budget included $50 billion for rural hospitals over the next five years with the possibility of renewing the fund in the future.

Half of it will be distributed by the Centers for Medicare and Medicaid Services, while the other half will flow to states to then send to hospitals.

But the fund won’t be enough to offset the losses rural hospitals are anticipating.

Medicaid spending in rural parts of the country is&nbsp;<a href="https://www.kff.org/medicaid/issue-brief/allocating-cbos-estimates-of-federal-medicaid-spending-reductions-across-the-states-enacted-reconciliation-package" target="_blank">expected to fall by $137 billion</a>&nbsp;over the next decade — $87 billion more than was allocated to the rural hospital fund, according to KFF.

And even those estimates, KFF said, are modest because they don’t account for how states may change the way they fund Medicaid.

During negotiations surrounding the budget bill, senators asked the University of North Carolina Cecil G. Sheps Center for Health Services Research to&nbsp;<a href="https://www.markey.senate.gov/imo/media/doc/sheps_response.pdf" target="_blank">analyze</a>&nbsp;how many rural hospitals may be at risk under the plan.

Their report found that nearly 340 rural hospitals were at risk nationwide, based on the rate of Medicaid patients they serve and their consecutive years of financial losses.

In Missouri, four hospitals were considered at-risk, while in Kansas, six hospitals were listed.

One of those hospitals is Bothwell Regional Health Center in Sedalia, the city’s largest employer with more than 1,000 employees.

In 2024, the hospital posted its first profit since 2018, Bothwell CEO Lori Wightman said in a press release in July. Notably, Medicare and Medicaid provided 78% of the payments for its patients.

“These programs pay well below the actual cost of providing care,” Wightman said in the release. “Commercial insurance alone cannot close the gap, and that is where subsidies available to rural hospitals are essential. Unfortunately, the cost of providing care, from personnel to technology, continues to rise making a difficult situation harder to stabilize.”

Other Missouri hospitals included on the list were Scotland County Memorial Hospital in Memphis, Parkland Health Center in Bonne Terre and Lafayette Regional Health Center in Lexington — Sen. Josh Hawley’s hometown.

<a href="https://www.kff.org/medicaid/issue-%20brief/a-look-at-rural-hospital-closures-and-implications-for-access-to-care/" target="_blank">Studies</a>&nbsp;show that after a rural hospital closure, low-income and elderly patients were more likely to defer or skip their health care altogether because of transportation challenges.

Rural hospital closures also lead to a&nbsp;<a href="https://www.healthaffairs.org/doi/abs/10.1377/hlthaff.2019.00916" target="_blank">loss of physicians</a>. One study found that the closure of a rural hospital led to an 8.3% drop in primary care physicians and a 4.8% drop in obstetricians and gynecologists.

“Health care providers are big employers,” Weisgrau said. “They are big users of local supplies and commodities. All of that will have to be reduced. People will lose jobs. Economies will decline as a result of these cuts.”

*Meg Cunningham’s coverage of rural health is funded by the Missouri Foundation for Health.&nbsp;

This&nbsp;<a href="https://thebeaconnews.org/stories/2025/08/08/rural-hospitals-missouri-medicaid-cuts-at-risk-2025-closures/" target="_blank">article</a>&nbsp;first appeared on&nbsp;<a href="https://thebeaconnews.org/" target="_blank">Beacon: Missouri</a>&nbsp;and is republished here under a&nbsp;<a href="https://creativecommons.org/licenses/by-nd/4.0/" target="_blank">Creative Commons Attribution-NoDerivatives 4.0 International License</a>.

Rural hospitals in Missouri struggle to turn a profit. Medicaid cuts could force some to close

CLINTON COUNTY—A Missouri man died in an accident just after 3p.m. Saturday in Clinton County.

The Missouri State highway Patrol reported a 1997 Ford Ranger driven by a 27-year-old Breckenridge man was southbound on MO 33 nine miles north of Platttsburg. The pickup traveled off the west side of the road, returned to the road, traveled off the east side of the road, came back on the road and rolled onto its top

The driver was pronounced dead at the scene and was transported to Forensic Medical. He was not wearing a seat belt, according to the MSHP. The Patrol no longer releases names of accident victims.

Missouri man dies after pickup rollover accident

DAVIESS COUNTY —One person was injured in an accident just before 4p.m. Saturday in Daviess County.

The Missouri State Highway Patrol reported a 2013 Ram 2500 driven by a 63-year-old Jamesport man was eastbound on U.S. 69 in Winston.

The pickup rear-ended a 2014 Kia Forte driven by a 16-year-old Gillman City boy who had slowed to make a left turn and a 2021 Ford Bronco driven by a 51-year-old Trenton man.&nbsp;

A private vehicle transported the teen driver to Cameron Regional Medical Center.&nbsp; All three drivers were properly restrained, according to the MSHP. The Patrol no longe releases named of accident victims.

Missouri teen injured after 3-vehicle rear-end crash

December corn closed up 2 1/4 cents per bushel at $4.07 3/4 and March corn was up 2 1/4 cents at $4.25 1/4. November soybeans closed up 23 3/4 cents at $10.11 1/4 and January soybeans were up 23 cents at $10.29 1/2. September KC wheat closed up 3/4 cent at $5.19, September Chicago wheat was up 1/2 cent at $5.15 0/1 and September Minneapolis wheat was up 1 cent at $5.77 3/4.

An unusual overnight social media post by President Trump requesting that China quadruple their purchases of U.S. soybeans, along with a statement that China was concerned about their shortage of soybeans sent beans and products surging Monday. Whether or not the mere suggestion would lead to a U.S.-China soybean grain agreement remains to be seen, but it had funds covering some of their shorts. Corn and wheat were modestly higher as well.

Following Friday's tumultuous trade, the live cattle complex scurried back and forth, unsure of what it's supposed to do next. The live cattle contracts traded mixed with a level of uncertainty looming above the marketplace, but all contracts did finish modestly in the green by the closing bell. The market's next support plane lies around $220 in the October contract, and if the market broke below that, it would indeed be a bearish signal for the complex. New showlists appear to be mixed, higher in Kansas and Nebraska/Colorado, but lower in Texas.

Although demand remains red hot in the countryside, the feeder cattle complex continued to trade lower as traders remain unsettled in a technical sense for the bulk of the session, but did manage to finish slightly higher in the nearby contracts by the closing bell. It wouldn't be surprising to see demand slightly softer in the countryside early this week, as buyers would gladly see prices soften given the record highs at which they've currently been.

The lean hog complex ended up trading higher into the closing bell, after chopping sideways for the bulk of the session, as pork cutout values are higher and traders aren't currently pressured by any immediate resistance pressure. The rib (up $5.99), belly (up $5.31) and the picnic (up $5.17) are helping push the carcass price higher more than anything else.

<a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/08/11144445/web-closing-markets.mp3">Click HERE for audio</a>

Commodity markets daily recap

The Renewable Fuel Standard turned 20 on Friday, August 8th. Groups like the National Corn Growers Association celebrated the milestone, noting that since it was signed into law, the RFS has provided immeasurable benefits to Americans. “It has dramatically increased demand for corn, provided significant savings to consumers at the pump, and strengthened America’s energy dominance,” said NCGA President Kenneth Hartman, Jr. 

Clean Fuels Alliance America also celebrated the 20th birthday of the RFS. “Under the RFS, the last twenty years have seen biodiesel and renewable diesel production grow from a few hundred million gallons to five billion gallons, meeting nine percent of the nation’s on-road diesel demand,” said Kurt Kovarik, Clean Fuels’ Vice President of Federal Affairs. “Biodiesel and renewable diesel production are vital for America’s economy, supporting $42.4 billion in economic opportunity.” It also supports ten percent of the value of every soybean grown in the United States’ fields.  

The RFS turns 20

The U.S. agricultural trade deficit hit a record high in the first half of 2025. Bloomberg said that only highlights American farmers’ longtime dominant role in world exports, which is hurt by President Donald Trump’s trade wars. Agricultural export value trailed the import value by $4.1 billion in June, a gap that’s 14 percent larger than a year ago. That pushed the ag sector’s trade deficit to $28.6 billion through the first half of 2025. 

For 50 years, the U.S. ag sector has consistently had major trade surpluses, but the growing deficit signals a historic reversal for the sector. The trend shift began in Trump’s first term during the trade war with China. Recent data from the U.S. Commerce Department showed the U.S. exported only $5.5 billion worth of farm goods to China during the first six months of the year, compared to $11.8 billion at the same point last year. 

U.S. ag trade deficit continues climbing in 2025

September corn closed down 1 3/4 cents and December corn was down 1 1/2 cents. September soybeans closed down 6 1/4 cents and November soybeans were down 6 1/4 cents. September KC wheat closed down 3 1/4 cents, September Chicago wheat was down 3 3/4 cents, September Minneapolis wheat was up 2 3/4 cents.

September corn closed down 6 3/4 cents and December corn was down 5 1/4 cents. September soybeans closed down 1 3/4 cents and November soybeans were down 1 3/4 cents. September KC wheat closed down 1/2 cents, September Chicago wheat was down 2 1/4 cents and September Minneapolis wheat was up 4 1/2 cents.

Markets looked poised to extend their late-week rally into the weekend early Friday, but momentum waned as the session wore on as traders are likely awaiting the USDA next week to offer clues on price direction through the remaining weeks ahead of the 2025 U.S. harvest. In outside markets for Friday, equities are heading higher to round out a back-and-forth week as investors weigh the uncertainties of this week's latest tariff developments, while preparing for next week's inflation reading. Crude oil futures also bounced off daily lows and the lowest price since early June, prior to the Israel-Iran conflict, and if values hold will narrowly avoid lower trade for each day this week.

If today's action isn't evidence of what emotional volatility can look like, then I don't know what would be. The live cattle complex fronted a magnificent rally throughout the week, only to come crashing lower on Friday. Why, you ask? Good question. One could say that traders have exhausted their efforts, someone could say that tariff chatters are taking their toll, another could highlight that traders are anxious as they've yet to see what fed cash cattle prices are going to do, but more than anything, today's reverse action compared to the rest of the week simply comes as an emotion knee-jerk reaction as traders themselves don't know what else to do with the contracts at this point. On Thursday, the spot October contract closed at yet another new contract high, and although the market is currently seeing an unseasonal rally in boxed beef prices, traders are anxious to see what develops this week in the fed cash cattle market.

Following the live cattle market's direction, the feeder cattle complex traded sharply lower after scoring new all-time highs in the futures complex just yesterday afternoon. Today's action could have a slightly negative effect on the sale barns having sales today, but still, prices will remain high, as the fact isn't changing anytime soon that supplies are tight.

The lean hog complex traded mixed into Friday's closing bell, as the market has again seemed to establish some footing into the futures complex, and it's helpful that pork prices are higher, too. Given that today's trade was mixed in its nature, it's likely the contracts may be able to keep their somewhat higher trend into the early part of next week.

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July runoff in the Missouri River Basin above Sioux City, Iowa, was two million acre-feet, 62 percent of the average. The annual runoff forecast above Sioux City is 19.2 million acre-feet, 75 percent of the average. “Above-normal precipitation occurred in much of the basin, though areas of western Montana and Wyoming continue to be very dry,” said John Remus of the U.S. Army Corps of Engineers. 

“The dry soil moisture, below-normal rainfall in the mountains, and below-normal mountain snowpack runoff have led to well below-average reservoir inflows into the Fort Peck and Garrison reaches on the river.” The U.S. Drought Monitor indicated that 53 percent of the basin was not experiencing drought conditions, an improvement of 15 percent since July 1. System storage on August 1 was down only slightly from July. The Drought Outlook indicates drought conditions are expected to persist or expand throughout the basin through the end of October. 

Missouri River runoff in July was below average

The U.S. Department of Agriculture’s National Agricultural Statistics Service recently released its 2025 Land Values Summary. The U.S. farm real estate value, a measurement of the value of all land and buildings on farms, averaged $4,350 per acre for 2025, up $180 per acre, or 4.3 percent, from 2024. California was the most expensive in the country, with farmland real estate valued at $13,700 per acre, up 2.2 percent from the previous year. 

The U.S. cropland value averaged $5,830 per acre, an increase of $260 per acre, or 4.7 percent, from the prior year. It’s up significantly from 2011, when the average cropland value was $2,980. California’s cropland value was $17,940, up 3.6 percent from the previous year, while Iowa’s cropland averaged $10,300 an acre, up 5.1 percent from 2024. The United States pasture value averaged $1,920 per acre, an increase of $90 per acre, or 4.9 percent, from 2024. 

Farm real estate values top $4,000 per acre

September corn closed up 4 3/4 cents and December corn was up 5 3/4 cents. September soybeans closed up 8 1/2 cents and November soybeans were up 9 1/4 cents. September KC wheat closed up 10 cents, September Chicago wheat was up 9 3/4 cents, September Minneapolis wheat was up 7 cents.

Ag markets were able to build off the late-session momentum seen Wednesday to trade higher Thursday in what was a widespread recovery session from a very bearish start to the week. Time will have to tell whether this is the start of a sustained bottoming attempt or simply another quick round of short-covering; but historical seasonality would suggest August or September is typically where corn and soy markets tend to look for a bottom. Traders will look to USDA to add to the recent yield forecast debate next Tuesday. In outside markets, crude oil futures are quickly back trading among the lowest prices seen since late June after five consecutive sessions lower, heading for a sixth on Thursday. Equities began Thursday higher before turning sharply lower by late morning as investors express uncertainty as the latest round of reciprocal tariffs officially go into effect Thursday following months of deals and deadline extensions.

With the unseasonal rally in boxed beef prices, the live cattle complex continues to challenge the market's resistance threshold, which also happens to be its all-time market high, as the cattle complex's strong fundamental footing of limited supplies amid unfathomable demand continues to lend support beyond anyone's wildest belief. It will be especially interesting to see what develops this week in the fed cash cattle market as though packers were able to buy some supply last week and commit those cattle to the nearby delivery option, they still need to stay engaged enough in the market to avoid being short bought in the weeks ahead and feedlot managers haven't been easy for packers to deal with in recent weeks either. Asking prices are firm in the South at $238 to $240, but are still not established in the North.

The feeder cattle complex again pushed into the closing bell fully and significantly higher. The slight pullback in the August contract likely has more to do with the fact that traders are moving their positions from the August contract into the currently most actively traded September contract, and not because of any fundamental rhyme or reason, as demand is just robust in the countryside; there's no other way to describe it.

One would think that on a day when midday pork cutout values are up over $4.00, the lean hog market would be rejoicing. With traders battling resistance pressure and with the morning's export sales report weaker, the market traded lower into the closing bell on Thursday. More than anything, it seems as though the market's resistance pressure is affecting traders most. Although they thought they had enough support to drive the complex higher earlier this week, the market's fundamentals haven't been as collectively supportive as initially hoped for.

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AccuWeather long-range experts say the transition to autumn will bring cooler air and sweater weather to millions of Americans. Others will be dealing with lingering summer heat, tropical storms, hurricanes, wildfires, or a smoky haze obscuring the sky. “Areas in the middle of the country, including Kansas to Wisconsin, will experience very pleasant and calm stretches of fall weather that will be perfect for fairs, festivals, and outdoor events like harvest,” said Long Range Expert Paul Pastelok. 

Some predictions says fall may bring warmth and fuel wildfires

Uncertainty surrounding U.S. biofuel policy and continued trade tensions pushed second-quarter profits to multi-year lows for multiple crop trading companies, including ADM and Bunge. Ag equipment manufacturers also warned customers that increasing trade tensions will cause increased equipment prices in the second half of 2025. Reports show ADM posted its lowest second-quarter profit in five years as trade challenges and uncertain biofuel policies slowed sales and hurt trading and crop processing margins. 

The company said that full-year 2025 adjusted earnings could drop to around $4 a share, the lowest since 2020. ADM, Bunge, and Cargill have reported eroding profits in recent quarters because of ample crop supplies and thinning margins. One report showed adjusted earnings of $1.31 per share for the three months ending in June, the lowest point since 2018. AGCO Corporation and CNH Industrial also say customers will soon feel the impact of tariffs due to higher prices.

Uncertainty hits agribusiness profits

Click <a href="https://dehayf5mhw1h7.cloudfront.net/wp-content/uploads/sites/356/2025/08/06143944/web-closing-markets.mp3">HERE</a> to listen to the Wednesday closing markets.

September corn closed down 1 3/4 cents and December corn was down 3/4 cents. September soybeans closed down 6 cents and November soybeans were down 6 1/4 cents. September KC wheat closed up 7 cents, September Chicago wheat was up 1/4 cents, September MIAX Minneapolis wheat was down 1 1/2 cents.

The U.S. Dollar Index is down 0.59 at 98.19. The Dow Jones Industrial Average is up 130.0 points at 44,366.0. December gold is down $2.10 at $3,432.60, September silver is up $0.11 at $37.94 and September copper is up $0.0255. September crude oil is down $0.87 at $64.29, September ultra-low sulfur diesel is up $0.0075, September RBOB gasoline is down $0.0025 and September natural gas is up $0.073.

September corn futures dropped another 1 3/4 cents on Wednesday, closing at $3.79 3/4. December futures were also down 3/4 cents to $4.01 1/4. December futures bears appeared to be making easy work of the $4.00 mark early Wednesday, before late-session bargain buyers stepped in to send prices back above the key level at least for now. For reference, the December 2024 board traded to a low price of $3.85 last August before reversing on late-season dryness, which ultimately trimmed the top end off U.S. yields as well. Seasonally speaking, August and September is a period where markets tend to look for a low.

Wednesday's EIA Petroleum Status report showed ethanol production in the U.S. averaged 1.081 million barrels per day last week, a decline of 15,000 barrels per day from the prior week's average. Last Friday, USDA reported the June monthly corn grind for ethanol in the U.S. totaled just under 448 million bushels (mb), lower than I had anticipated. Corn usage for ethanol through the marketing season has steadily lost its lead over 2023-24 after a very hot start last fall and is now just a 0.2% lead over last year, with USDA forecasting a 0.4% year-over-year increase. July and August are always wild cards for ethanol production, but at this rate, it seems unlikely that the U.S. will hit the USDA goal of 5.5 billion bushels in 2024-25. In positive news, ethanol margins remain steady with this week's USDA coproducts report showing that a bushel of corn produces $6.64 worth of products value in the Eastern Corn Belt. Ethanol exports are also strong, with June exports setting a monthly record at 173.7 million gallons. Ethanol exports to date are up 10%.

Traders will likely begin to look ahead to next week's WASDE report, where an increase in the corn yield estimate seems likely given the growing conditions thus far. That being said, I don't expect as bearish a forecast as compared to some of the private estimates being released in recent days, as USDA tends to slow play these developments, especially ahead of harvest. Perhaps this will serve as an opportunity for traders and algorithms to reset and offer some support to sinking prices. The aspect of next week's report that does keep me somewhat nervous is what USDA will find for old crop stocks, with the old crop price and spread action through summer certainly pointing to more corn relative to demand than has been estimated in this year's WASDE reports thus far.

The DTN National Corn Index finished Tuesday at $3.65. Wednesday's futures close and implied corn basis of 16 cents under the September board would indicate the Index on Wednesday afternoon to be near $3.63.

September soybeans fell 6 cents on Wednesday to $9.65 1/2. November soybeans were down 6 1/4 cents to $9.84 1/2. An early attempt higher in the soybean market was again met with fierce selling, dropping prices closer to the bearish objective of the early April low in the mid $9.70s for the November board.

Early strength in the soybean market can likely be attributed to ongoing rumors that the U.S. and China are closing in on an agreement, although traders may be losing some faith in these assertions as the weeks keep coming and going with no confirmed soybean business with China for the new crop season. Soybean oil futures were also able to trade higher on Wednesday, primarily on wider energy market strength at mid-week. Late session selling can most likely be tied to early yield forecasts from private firms, all of which are coming in above USDA's official record 52.5 bpa forecast.

The next few weeks of weather will be important for the soybean crop. Temperatures are slated to be above average across the majority of key growing regions, while rainfall chances are certainly present but may be scattered in some regions. The good news is that soil moisture levels through the wet July should be adequate to allow crops to sustain through a period of dryness if it comes to that.

The DTN National Soybean Index finished Tuesday at $9.34. Wednesday's futures close and implied soybean basis of 57 cents under the November board would indicate the Index on Wednesday afternoon to be near $9.28.

September Kansas City futures closed up 7 cents to $5.11 1/2 on Wednesday. Chicago futures were quiet, trading 1/4 cents higher on September futures. While MIAX Minneapolis spring wheat futures continued to struggle to find upward momentum, with the September contract down 1 1/2 cents in a quiet, narrow session. September KC futures were able to rebound from ugly price action on Tuesday, which set the lowest close for the most active hard red contract in just under five years. The short-term bullish target would be a pullback towards the 20-day moving average near $5.22 3/4.

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