BASIC & RECENT MARKET INFO

Tidbits Ag support:  Secretary of Agriculture, Brooke L. Rollins announced last week an aggressive three-point plan that will support American agricultural producers and exporters. “President Trump is putting American agriculture first by negotiating fair, reciprocal deals that benefit U.S. producers, farmers, and ranchers,”  said Under Secretary for Trade and Foreign Agricultural Affairs Luke J. Lindberg. “Secretary Rollins is focused on expanding market access, enforcing tr

Tidbits Yield report  from a NE Kansas County adjacent to Nebraska: "Yields are variable depending on farming practices. APH at 150, our yields are 200, last year 211, but if you skipped on fungicide or fertilizer, around 175."   Thanks, Ron      Crude oil:  The purpose of the meeting on Tuesday of the military top brass called by Defense Secretary Pete Hegseth has been described as a forum for Hegseth to explain the credo of "warrior ethos" (a warrior mentality) which includ

Tidbits October CBOT agriculture options expire today. The September quarterly grain stocks report will be released next Tuesday, September 30. U.S. Defense  Secretary Pete Hegseth has summoned senior U.S. military officers from around the world to a meeting in Quantico, Virginia on Tuesday. It is not known why Hegseth has ordered top military brass to meet on such short notice, but the news rallied crude oil futures from 65¢ lower to 36¢ higher before settling down 1¢ yester

Tidbits Additional financial aid  to American farmers will soon be provided by the Trump administration as Agriculture Secretary Rollins said an announcement could come “perhaps in the next couple of weeks." The USDA  will lead a trade mission to Taipei, Taiwan , to expand trade opportunities for U.S. companies and boost U.S. agricultural exports. The mission takes place from September 29 to October 1 and includes 39 agribusinesses, trade organizations, and representatives fr

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), 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, change the sales size or

Tidbits Mexican Corn: The USDA attaché to Mexico sees their 2025/26 corn crop up 8% from last year at 25 million mts (USDA 24.8). Yesterday morning, the USDA announced the sale of 100,593 mts of 2025 crop corn and 22,354 mts of 2026 crop corn to Mexico. PMIs: Composite (Manufacturing & Services) Purchasing Managers’ Index (PMI) was reported for: USA at 53.6 vs 54.1 expected Europe at 51.2 vs 51.1 expected Great Britain at 51.0 vs 52.9 expected Australia at 52.1 vs 50.4 expect

Tidbits Flash sale: Yesterday morning the USDA announced the sale of 320,068 mts of 2025 crop corn sold to Mexico. Screwworm: Mexico confirmed a new case of New World Screwworm less than 70 miles from the U.S. border, the nearest detection to date. This species of screwworm is so dangerous because its maggots eat living flesh whereas other maggots eat only dead flesh. Argentina has removed export taxes on all grains until October 31, plus beef and poultry, to boost foreign sa

Q&A: SAF & Biofuel Question from a client: "19 Sept 2025 Good morning, Roger,          Which is the best way to produce SAF (Sustainable Aviation Fuel), corn, soybeans or crop residue?    Just a few miles away they keep talking about building a SAF plant that will use crop residue, bad idea in my opinion. This is not environmentally friendly or sustainable. Removing crop residue also removes nutrients of which you must replace, and that is just for starters, the negatives go

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled on Friday at 46,315, +481 points for the week. Crude oil  settled at $62.72, +0.12. Dollar Index  settled at 97.647, +0.03. Baltic Dry Index  (a shipping freight-cost index)  settled at 2,203, +77. Corn December futures settled at $4.24, -6¢ for the week. Basis   (Z = December; e.g. 10Z means 10¢ over Dec futures) (Futures price + Basis = Cash

Tidbits Conservation Reserve Program:  On Wednesday, the USDA announced acceptance of 1.78 million acres into the Conservation Reserve Program (CRP). About 25.8 million acres are currently enrolled in CRP, which is in its 40th year. FSA received offers on more than 2.6 million acres. The program’s total acreage is capped at 27 million acres for fiscal year 2025. About 955,795 acres are expiring on September 30 this year. Producers submitted re-enrollment offers for just over

Tidbits Trade talks:  President Trump did talk yesterday morning with China’s President Xi. This is what Trump had to say after the call:  The soybean market was not impressed. November beans settled 12¢ lower yesterday and at the lowest closing price since 11 August.   Flash sale:  Yesterday morning, the USDA announced the sale of 206,460 mts of 2025 crop corn to unknown.   Also yesterday, Sec. of Agriculture, Brooke Rollins announced Taiwan agreed to purchase $10 billion wo

Tidbits Soybeans: The U.S. may not be selling soybeans to the world’s largest soybean importer (China), but it looks like the U.S. will be selling beans to the world’s largest soybean producer (Brazil), which sells most of its beans to China. Yes, Ladies and Gentlemen, Brazil soybean crushing plants near Brazil’s ports are running the numbers on importing U.S. soybeans instead of trying to get beans from the West Central area of Brazil, which is 600 to 1,000 miles away from t

Tidbits Farm aid: The U.S. Republican farm-state lawmakers urge the Trump administration to issue autumn farm aid by year-end due to low crop prices and a trade war. Four lawmakers are in talks with USDA and other officials about an aid package, ideally by December. Senator John Hoeven cites a similar $23 billion payout during Trump’s first term to offset China trade losses and suggests adding aid to a spending bill; he says farmers need help soon, but by year-end is acceptab

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), 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, change the sales size or

Tidbits

Tidbits NOPA crush  for August was expected to be 182.857 million bushels; actual was 189.810 million bushels, a 20% increase from a year ago. Better yet, soy oil stocks were 53 million pounds less than expected at 1.245 billion pounds. Flash sale: Yesterday morning, the USDA announced the sale of 148.971 mts of 2025 corn to unknown. China: President Trump said yesterday he would be speaking to Chinese President Xi this Friday. Poland’s closed border with Belarus has frozen t

Tidbits Corn Acres:  Zaner Ag Hedge Chief Analyst, Karen Braun, asked USDA/NASS via their chatline (paraphrased): Karen prepared state-by-state corn acres reported in June vs corn acres in September. Note the biggest acreage increases percentage wise were in Mississippi, North Dakota, Kansas, Arkansas, South Dakota, Texas, Wisconsin, and Ohio. Together, Nebraska and Minnesota added 850,000 acres.

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled on Friday at 45,834, +433 points for the week. Crude oil  settled at $62.6, +0.63. Dollar Index  settled at 97.615, -0.12. Baltic Dry Index  (a shipping freight-cost index)  settled at 2,126, +147. Corn December futures settled at $4.30, +12¢ for the week. Basis   (Z = December; e.g. 10Z means 10¢ over Dec futures) (Futures price + Basis = Cash

Tidbits Yield:  Darren Frye of Water Street Commodities in Peoria has been a market analyst for 42 years and is well respected in the business. He is not afraid to say what he thinks no matter who is listening. After Friday’s USDA numbers were released he wrote on X: "I am lowering my yield range in corn to 170-175 (USDA 186.7) . USDA will be coming down big on next report. People think it was a perfect year for corn. Well, the corn is speaking and it is saying this is an “ep

Tidbits Flash sale: Yesterday morning, the USDA announced the sale of 22,000 mts of soybean oil to South Korea.   Tariffs:  U.S. Treasury Secretary Scott Bessent will meet with the Chinese Vice Premier this coming week in Madrid to discuss national security, economic and trade issues.   The Financial Times reports the U.S. is pushing a plan for all G7 partners to adopt steep tariffs on China and India because of their purchasing of Russian crude oil.   Brazil:  The former con