BASIC & RECENT MARKET INFO

Tidbits The commander of the Iranian Army Navy, Admiral Shahram Irani, stated yesterday that the 104th Iranian flotilla is headed towards South America with the objective of escorting freighters. President Donald Trump said the United States had dealt a deadly blow to ISIS terrorists in northwestern Nigeria. Russian Foreign Ministry spokesperson Maria Zakharova dismissed a Bloomberg report about Russia adjusting its Ukraine peace plan as fake news saying Bloomberg has no reli

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 The U.S. GDP  for the third quarter 2025 was released a month late yesterday, but it was good news as the economy expanded 4.3% from a year ago; the market expected an expansion of 3.3%. There were about a dozen other less important economic indicators for the U.S. economy that were a mixed bag of good and not so good news. A year ago, “everybody” predicted the U.S. would be in a deep recession by now because of Trump’s tariffs. Here are the Quarterly GDP numbers sinc

Tidbits Flash sale: Yesterday morning, the USDA announced the sale of 330,000 mts of old crop soybeans and 66,000 mts of new crop soybeans to China. The ag markets  will close at 12:05 PM Central tomorrow and reopen at 8:30 AM Central the day after Christmas. January options expire on Friday. Long January futures and basis contracts need to be liquidated or rolled by the close of business Tuesday, 30 December. CBOT prices  were higher yesterday and the basis for corn and bean

Corn Technical Outlook Technical analysis is based upon factors that have nothing to do with supply and demand. Technical analysis includes price chart patterns, trading volume, open interest changes, moving averages, etc. Most speculative traders are technicians, so it behooves us to understand the basics of technical analysis. You can learn more about fundamental analysis and some amazing things about technical analysis at: https://www.wrightonthemarket.com/post/commodity-m

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. Dow Jones  Industrial Average Index settled on Friday at 48,135, -323 points for the week. Crude oil  settled at $56.54, -0.99. Dollar Index  settled at 98.72, +0.33. Baltic Dry Index  (a shipping freight-cost index)  settled at 2,023, -182. Corn March futures settled at $4.43¾, +3¢ for the we

Tidbits Yesterday afternoon Reuters reported that U.S. forces were in the process of boarding and seizing another sanctioned oil tanker off the Venezuelan coast but in international waters. This is the second oil tanker the U.S. has seized near Venezuela.   Russia has escalated strikes on Ukraine’s Black Sea ports in an effort to stop exports from Ukraine. Odessa, Ukraine has always been the largest grain handling port on the Black Sea and it has taken a beating in recent day

Tidbits Flash sale: Yesterday morning, the USDA announced the sale of 134,000 mts of old crop soybeans to China.   The EU Council  issued this press release following this week’s summit: The European Union will cover Ukraine's urgent financial needs in 2026–2027 by allocating 90 billion euros over the next two years through a loan secured by the EU budget. Russia will not receive its assets back until it stops its aggression. Ukraine will repay the loan only after Russia pays

Tidbits Flash sale: Yesterday morning, the USDA announced the sale of 114,000 of old crop soybeans to unknown. The Consumer Price Index  (CPI) measures inflation at the retail level. Yesterday’s U.S. CPI number of 2.7% annual inflation rate surprised the markets, which expected an annual inflation rate of 3.1%. Lower inflation increases the probability of lower interest rates which is good for all working-class people and businesses, but it also reduces demand for U.S. dollar

Tidbits Technically, March corn is looking good after testing its 100 day moving average the past three days and then settled up 4¢ yesterday. March beans traded 6¢ higher early yesterday, then 7¢ lower later before settling down 2¾¢, about 10¢ below its 100 day moving average and a little below the bottom of the gap from 27 October. The Relative Strength Index (RSI) is 21.36 is quite supportive. Fundamentally, the market is talking about Brazil’s “bigger than ever” bean crop

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

Tidbits Flash sales: Yesterday morning, the USDA announced the sale of: 150,320 mts of old crop corn to unknown 136,000 mts of old crop soybeans to China Soybeans: All eyes yesterday were on January soybeans as its price traded into the 27 October gap on the daily chart by 3¼¢, reducing the gap to 4¢. January beans settled 1½¢ above the top of the gap (which is friendly), but down 5¢ on the day. Yesterday’s NOPA crush was lower than expected at 216.041 million bushels but was

Tidbits Eduardo Vanin  reported Saturday: "Too much rain in the Center of Brazil and Parana and late planting up North. 1. Supply side is pricing a possible (harvest)  delay. A small amount of beans supply in January. The spread of Feb-Mar is still close to 20¢. The CFR is more than that. 2. Corn market is firmer for safrinha as a side effect. Probably the start of the export program will again be slow (small program for July)."   And on Sunday he added: "Last week Brazil sol

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. Dow Jones  Industrial Average Index settled on Friday at 48,458, +503 points for the week. Crude oil  settled at $57.53, -2.61. Dollar Index  settled at 98.39, -0.60. Baltic Dry Index  (a shipping freight-cost index)  settled at 2,205, -522. Corn March futures settled at $4.40¾, -4¢ for the we

Tidbits Trade talks:  Trump's special trade representative, John Cole, who was in Minsk in recent days for trade talks with Belarus’ officials, announced yesterday that the U.S. is lifting sanctions on Belarusian potash. Belarus is the world’s third leading potash exporter behind Canada and Russia.     Export sales:  As we reported yesterday, on Friday morning, the USDA announced the sale of: 132,000 mts of old crop soybeans to China 93,895 mts of old crop soybean meal to Mex

Tidbits Flash sales: Yesterday morning, the USDA announced the sale of: 132,000 mts of soybeans to China 104,328 mts of soy meal to Mexico 250,000 mts of corn to unknown Brazil's Corn: Geraldo Isolodi is an analyst with Terra Investmentos of Brazil. He wrote his South American Crop Update earlier this month. Here are the highlights of what he had to say about the corn market:  "At the present, the corn market is supported by robust domestic demand from corn-based ethanol plan

Tidbits Flash sales: Yesterday morning, the USDA announced the sale of: 264,000 mts of old crop soybeans to China 226,000 mts of old crop beans to unknown 186,000 mts of old crop corn to unknown Crude oil: OPEC’s latest monthly report maintained a firm demand outlook due to consistent demand in China and India while reiterating that non-OPEC supply growth is set to moderate in 2026. The group also noted that OPEC+ supply management continues to anchor market stability. In its

Tidbits Interest Rate: Members of the Federal Open Market Committee (FOMC) voted 9 to 3 to lower the benchmark Fed Funds rate by a quarter point to a new target range of 3.5% to 3.75%. One vote was to lower the policy rate by half percent, while two votes supported no change. Post meeting comments included that the Federal Reserve will buy $40 billion worth of U.S. treasury bills over the next 30 days to put more money in circulation; the Fed expects one rate cut in 2026 and

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