BASIC & RECENT MARKET INFO

Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans and wheat (Soft Red Winter, Hard Red Winter & Spring), also for inputs like fuel and fertilizer for past week Wednesday to Tuesday. Read about our approach to this report here . We provide three different marketing plans (in order of decreasing our preference). The marketing decision is yours to make, obviously you can mix those plans, cha

Tidbits Peace Talks: U.S. Army Secretary Dan Driscoll held previously unannounced talks late Monday and all day Tuesday with Russian officials in Abu Dhabi as part of an intense new push by President Trump to end the war in Ukraine. Initial reports Tuesday morning were things were going just peachy, but when presented to Ukraine’s officials, who arrived in Abu Dhabi late Tuesday, it was immediately rejected. A group of European countries supporting Ukraine, which is known as

Mar Wheat - 0.75 Lower Mar Corn - 0.50 to 1.00 Lower Mar Bean Oil - 0.05 Lower Jan Beans - Steady to 1.00 Lower January Crude Oil marked its high price 19 cents below the 59.25 resistance level, then sold off about 1.90 Bucks from the high print to the low price print, which was a few cents below support. The traders are opening up the range somewhat. support - 57.60, 57.05, 56.35 resistance - 58.80, 59.10, 59.25 January Soybeans marked the low price 1 tick below the 1117.50

Tidbits All December  basis contracts and long December futures positions need to be liquidated or rolled  before the close tomorrow to avoid the chance of being assigned delivery from the CBOT.   Flash sale: Yesterday morning the USDA announced the sale of 123,000 mts of old crop soybeans to China, which now has purchased 16.2% of the agreed 12 million mts by the end of January.   USDA’s final Crop Progress  report for the week ending November 23 shows corn harvesting nearly