BASIC & RECENT MARKET INFO

Tidbits Iran's  Supreme Leader Ayatollah Ali Khamenei vowed not to yield to President Trump’s threat to come to the aid of protesters, as rights groups reported a sharp rise in arrests following days of unrest sparked by soaring inflation. Khamenei said the Islamic Republic  "will not yield to the enemy"  and that rioters should be "put in their place" .   Venezuela:  After the U.S. military kidnapped Venezuela’s Dictator/President Madura, President Trump stated he will desig

Tidbits Flash sale:  Yesterday morning the USDA announced the sale of 132,000 mts of old crop corn to South Korea.   Crush numbers:  The USDA reported yesterday after the close the November soybean crush was 221 million bushels; the market expected 225.2 million bushels. None-the-less, the November soybeans crush was 11 million bushels (5.2%) above a year ago. The meal inventory at the end of November was 463,019 tons, just 103 tons above a year ago while the oil inventory wa

Tidbits CBOT will begin trading at 8:30 AM Central Time and close at normal time, 1:15 PM Central time. USDA is scheduled to release its November oilseed and grain crush numbers after the close. Farmer Bridge Assistance Program , Per Acre Payment Rates for 2025 acres: Barley: $20.51 Canola: $23.57 Chickpeas (Large): $26.46 Chickpeas (Small): $33.36 Corn: $44.36 Cotton: $117.35 Flax: $8.05 Lentils: $23.98 Mustard: $23.21 Oats: $81.75 Peanuts: $55.65 Peas: $19.60 Rice: $132.89

February Crude Oil marked its high price 5 cents below the 58.60 bracket resistance level, then sold off about 1.35 bucks, moving down about 40 cents below first support. support - 56.65, 55.75 resistance - 58.90-59.15, 59.60 March Soybeans marked the low price at the stated 1047.00 bracket support level, after a sell off of about 17.00 cents from the open/high price. support - 1043.50-1041.00, 1029.00 resistance - 1060.50, 1065.00 March Corn marked its low price 3 ticks belo

Isaac asked: "How do you know if it is ok to hedge using like Schwab or another brokerage account firm? Or do you need to use like a RJ O’Brien or StoneX  platform? Thanks"   Good Afternoon.   The brokerage firms whose primary business is trading stocks usually have futures brokerage available, but they generally look at futures traders as third class investors who have no common sense and, therefore, discourage futures trading with high "house margins" and high commissions c

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 CBOT  ag markets will have regular hours today, but no night session tonight and will reopen Friday morning at 8:30 AM Central with a regular closing time. Flash sales: Yesterday morning, the USDA announced the sale of 136,000 mts of old crop beans to China and 231,000 mts of old crop beans to unknown. AgrInvest Commodities’ Eduardo Vanin yesterday morning: “China booked a few U.S. (soybean)  cargoes yesterday. The total is close to 140 cargoes, ~80% of the 12 mil

Mar Wheat - 0.50 Lower Mar Corn - Steady to 1.00 Lower Mar Bean Oil - Steady to 0.05 Lower Mar Beans - 0.75 to 1.50 Lower February Crude Oil traded in a smaller 85-90 cent range, remaining in between support and resistance. support - 57.60, 56.65 resistance - 58.60-58.90, 59.30 March Soybeans marked the low price at the stated lower bracket support level of 1060.75, after selling off about 7.00 cents from the overnight high print. support - 1057.25, 1047.00-1045.00 resistance

Tidbits There was no reasonable explanation for corn, beans and wheat to be smartly lower yesterday. Crude was up more than a dollar early in the day. Corn export inspections for Christmas week were less than previous week, which is to be expected, but were 47% more than a year ago. Soybean export inspections were 54% less and wheat inspections were 11% less than a year ago. Also, the USDA announced the sale of 100,000 mts of old crop soybeans to Egypt. Grain markets will clo

Mar Wheat - Steady Mar Corn - Steady to 0.25 Lower Mar Bean Oil - 0.01 to 0.02 Lower Mar Beans - Steady to 0.75 Lower February Crude Oil marked its high price 30 cents above the stated 58.00 resistance level, after a rally of about 1.40 bucks from the evening opening bell/low price. support - 57.50-57.305, 56.30 resistance - 58.90-59.15, 59.65 March Soybeans marked the low price 2 ticks above the 1062.50 support number, after selling off about 14.50 cents from the open/low pr

Tidbits Russia-Ukraine: President Trump said he talked to President Putin about two hours yesterday morning before meeting with Ukraine’s President Zelensky yesterday afternoon at his Mar-a-Lago residence in Palm Beach, Florida to discuss a plan to end the 4 year war with Russia.   The leaders confirmed that the meeting about a 20-point peace plan was productive, but added that there is more work to be done such as negotiating security guarantees and navigating the future of

Mar Wheat - 1.25 Higher Mar Corn - Steady Mar Bean Oil - 0.01 Higher Mar Beans - Steady to 0.50 Lower Crude price - 57.18, up 0.44 S&P price - 6979.00, down 0.25 Wheat: Hard wheat is used for bread and soft wheat is used for pastries. When one chews a small handful of wheat, within a matter of minutes, a wad of gum is left in one's mouth. That is a protein called gluten. Hard wheat has a higher gluten content than soft wheat. That is why cookies and cake have more crumbs than

February Crude Oil marked its low price 25 cents below the 56.90 support level, after selling off about 2.20 bucks from the morning high print. support - 56.40, 56.10, 55.60 resistance - 57.40, 58.00 March Soybeans marked the high price 4.00 cents below the 1086.50 resistance level, then sold off about 12.00 cents from the morning high print. support - 1068.00, 1062.50 resistance - 1083.00-1086.00, 1092.00 March Corn marked its high price 3 ticks above the 452.25 resistance n

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 48,711, +576 points for the week. Crude oil  settled at $56.93, +0.39. Dollar Index  settled at 98.05, -0.67. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,877, -146. Corn March futures settled at $4.50, +6¼¢ for the we

Wheat & Put Options On 27 May 2022, September Soft Red Winter Wheat futures settled at $11.66 after trading to $12.85 on 17 May.    Here is the daily price chart for September 2022 CBOT wheat June through August 2022: On 27 May 2022, September Soft Red Winter Wheat futures settled at $11.66 after trading to $12.85 on 17 May.    Here is the daily price chart for September 2022 CBOT wheat June through August 2022:

Tidbits

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

February Crude Oil traded in a small 65 cent range while remaining in between all resistance and support levels - energy building day. support - 57.75, 56.90 resistance - 58.75, 59.05-59.15, 59.65 January Soybeans marked the high price 2.75 cents above the 1062.00 resistance number, after rallying about 13.75 cents from the open/low price. At the very least, beans have begun an up correction. March support - 1068.50, 1062.25 March resistance - 1086.50-1088.00, 1093.25 March C

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