BASIC & RECENT MARKET INFO

Dec Wheat - 0.50 Higher Dec Corn - Steady to 1.00 Lower Dec Bean Oil - Steady Jan Beans - Steady January Crude Oil marked its low price 17 cents above the 59.15 support level, then rallied about 1.10 Dollars from the low to the high price print. support - 59.30, 58.50 resistance - 60.45-60.65, 61.30 January Soybeans marked the low price almost directly in between the first 2 stated support numbers of 1119.50 and 1110.00, then proceeded to rally about 46 cents from the open/lo

Tidbits During the 43 days the U.S. government was shut down, December spring wheat gained 6¢, Hard Red Winter December wheat gained 42¢, Soft Red Winter December wheat gained 47¢, December corn gained 28¢ and January beans gained $1.30, new highs not only for the year, but higher than any time since June 2024.   There has been a lot of talk over the years that farm commodities are the only products in the U.S. that everyone is told what production was in the past and expecte

World Free-On-Board Grain & Oilseed Prices for November 15, 2025

Dec Wheat - 0.75 Lower Dec Corn - 0.50 Higher to 0.50 Lower Dec Bean Oil - Steady Jan Beans - 2.50 Lower Crude price - 59.51, down 0.58 S&P price - 6758.50, up 3.25 Globally, about 1.3 billion metric tons of food, about a third of all produced, is wasted every year. In the U.S. alone, 30 million tons are lost due to wildlife destroying crops, harvest loss, storage spoilage, rodents, and consumer waste. For pertinent news and fundamental grain market information, sign-up for a

January Crude Oil marked its high price 5 cents shy of the 60.70 resistance level, after rallying about 1.50 bucks. This occurred during the first hour of trade. support - 59.15, 58.10 resistance - 60.70, 61.30 January Soybeans sold off to old support near the 1122.00 area, after marking the high 2.75 cents below the 1155.00 resistance number. support - 1119.50, 1110.00, 1103.50 resistance - 1136.00, 1151.00 December Corn marked its low price 4.00 cents below the 433.50 suppo

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 47,147, +160 points for the week. Crude oil  settled at $59.95, +0.11. Dollar Index  settled at 99.27, -0.29. Baltic Dry Index  (a shipping freight-cost index)  settled at 2,125, +21. Corn December futures settled at $4.30¼, +3¢ for the

Tidbits Soybean Outlook We were concerned before Friday’s USDA numbers were released that the soybean rally would soon end because soybean exports are not meeting expectations.   China had never confirmed the purchase of any U.S. soybeans the Trump administration reported.  On Friday, USDA confirmed the sale of 332,000 mts of soybeans sold during the shutdown to China, which is about 100,000 mts less than what the rumor mill and the Trump administration had reported. It is po

November S&D Last year, the USDA started the 2024 corn crop with a yield of 181 in May and continued that yield in June and July. In August, USDA put the yield at 183.2, then 183.6 in September, then 183.8 in October, 183.1 in November. There is no crop production report in December, so the December S&D always has the same yield as November S&D. This year may be different because of the shut down, but we doubt it.   On 10 January 2025, March corn was $4.52, 52¢ above its cont

The USDA WASDE (S&D) numbers were negative everything.   CBOT 40 Minutes After Report Dec corn -9 Jan beans -15 July CBOT wheat -10 July KC wheat -10 Sept Spring wheat -6    Corn will soon resume the uptrend – world supplies tighten and market does not believe 186 yield.

Tidbits Shutdown: President Trump signed the funding bill to reopen the government. Federal employees should already be back at work. S&D: At 11 AM Central Time today, the USDA will release a World Agricultural Supply & Demand Estimates (WASDE) for the first time since 12 September. USDA will also issue all the daily exports sales in excess of 100,000 mts of grains that should have been reported but were not reported because of the shut-down. The daily sales reports may be mo

Dec Wheat - 0.25 Lower Dec Corn - 0.25 Higher Dec Bean Oil - 0.05 Lower Jan Beans - 1.00 to 1.25 Lower January Crude Oil marked its high price 19 cents below the 59.40 resistance level, after rallying a bit over a buck. support - 57.90, 57.30, 56.35 resistance - 59.50, 60.70 January Soybeans appeared to break higher, while marking the high price 4.50 cents shy of the gap closure. support - 1137.00, 1129.50 resistance - 1155.00-1157.00, 1176.50 Dec Corn marked its high price 1

Tidbits President Donald Trump is committed to providing Americans a $2,000 check using money that has come into government coffers from Trump's tariffs. White House press secretary Karoline Leavitt told reporters that Trump's staff is exploring how to go about making the plan a reality. The U.S. House of Representatives is expected to vote today to end the government shutdown. OPEC  revised its crude oil demand projections for 2026 from higher to about unchanged to show a “b

Dec Wheat - Steady Dec Corn - 0.25 Higher to 0.25 Lower Dec Bean Oil - 0.05 Lower Jan Beans - Steady to 1.50 Lower January Crude Oil was down 2.59 to 58.45 at the time of this writing, and took out both levels of nearby support. support - 57.90, 57.30, 56.35 resistance - 59.40, 60.70 January Soybeans marked its high price 2.50 cents above the 1132.00 resistance level, after rallying about 12.50 cents from the morning low to the afternoon high near the close of the session. su

Tidbits November USDA S&D  report will be released this Friday. A Reuters' survey shows traders expect lower U.S. corn and soybean production. The average corn production is estimated at 16.557 billion bushels, down 257 million from September. The average yield is expected to slip from 186.7 to 184 bpa, while still a record. Despite the lower production, U.S. ending stocks are expected to rise slightly to 2.136 billion bushels due to higher carry-in stocks from last year’s cr

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

Dec Wheat - Steady Dec Corn - 0.50 to 1.00 Lower Dec Bean Oil - 0.03 Lower Jan Beans - 0.50 to 1.00 Lower January Crude Oil marked its high price 3 cents above the 61.15 resistance level, after rallying almost 1.60 bucks from the nighttime low to the late morning high price print. support - 60.30, 59.60 resistance - 61.20, 61.85 January Soybeans marked the low price 1.75 cents below the 1121.00 support number, then bounced up about 11.00 cents from the low to the high print.

Tidbits U.S. harvest  of soybeans was estimated 96% complete by a Reuters poll (last week 91%) and corn 92% complete (last week 83%). Winter wheat planting was about 95% complete, up from 91% last week, and 52% of the winter wheat crop was rated good to excellent, unchanged from last week. U.S. imports  of containerized goods declined 7.5% year-over-year in October, with shipments from China dropping 16.3% as importers tempered expectations amid evolving tariff policies. Chin

Dec Wheat - Steady to 0.25 Higher Dec Corn - 0.50 to 1.50 Lower Dec Bean Oil - 0.50 Lower Jan Beans - 3.00 Lower January Crude Oil marked its low price 10 cents above the 59.20 support level, after selling off about a Dollar from the high price to the low price print. support - 59.30, 58.65 resistance - 60.35, 61.15 January Soybeans marked the high price 5.00 cents above the 1127.00 resistance number, after gapping up on the open and rallying about 14.00 cents from the low to

Tidbits Inflation: Two weeks ago, the U.S. inflation rate for the past 12 months was reported to be 3%, way above the Federal Reserve’s stated goal of 2%. Three days later, the Fed reduced the Fed Fund Rate. Chairman Jerome Powell said, “Inflation has eased significantly from its highs in mid-2022 but remains somewhat elevated relative to our 2 percent longer-run goal."   In August 1971, the U.S. annual inflation rate reached an "intolerable" 3% and all financial “experts” pr

World Free-On-Board Grain & Oilseed Prices for November 8, 2025