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Tidbits Iran's Foreign Ministry issued a statement early yesterday morning officially confirming that no Iranian nuclear commitments and uranium handover exist or will exist in any draft agreement with the U.S., calling all reports that claim otherwise a "pure lie," making further talks pointless due to the U.S. insistence on this issue. The statement declares they are not signing any agreement with the U.S.; no one can claim we are close to reaching an agreement. Iran sepa

Tidbits Crude oil gapped lower on the opening last evening and traded more than $5 lower in the first half hour of trading on the expectation that the Strait of Hormuz will be opened in a matter of days. Iran: President Trump said on Sunday he had told his representatives not to rush into any deal with Iran. He played down hopes of an imminent breakthrough that had been raised on Saturday. Trump said the U.S. blockade of Iranian ships in the Strait of Hormuz will remain in

It's our weekly U.S. grain market analysis and outlook for corn, soybeans and wheat, including traders positioning, basis bids tracking, crush margins, weekly news wrap-up and comments. The Dow Jones Index settled on Friday at 50,580, +1,054 points for the week. Crude oil settled at $96.6, -9.06. Dollar Index settled at 99.32, +0.05. Baltic Dry Index (a shipping freight-cost index) settled at 2,991, -160. Corn July futures settled at $4.63¼, +7½¢ for the week. December corn s

Tidbits U.S. Crops: On this date in 2018, December corn futures made its high at $4.29. Its low was made on 18 September at $3.42. Four of the last six years, December corn made its high for the year before this date. Parts of the Eastern Corn Belt received more than 3 inches (76 mm) in the 36 hours ending yesterday at midnight. University of Illinois ag economists report soybeans have turned profitable for Illinois farmers while corn remains in the red. Dr. Michael Cor