BASIC & RECENT MARKET INFO

Mar Wheat - 1.50 Higher Mar Corn - Steady to 1.00 Lower Mar Bean Oil - 0.09 Higher Jan Beans - 0.50 Higher to 0.50 Lower Roll to Mar Beans on Friday - Options expiry February Crude Oil marked its high price 31 cents past the 58.20 resistance level, after rallying about 80 cents from the low price print. The odds are better for crude to make it up to the next resistance node at 59.05. support - 57.75, 56.90 resistance - 59.05-59.15, 59.65, 60.30 January Soybeans marked the low

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

Mar Wheat - 0.50 Lower Mar Corn - Steady to 0.75 Lower Mar Bean Oil - Steady Jan Beans - 0.50 to 1.25 Lower February Crude Oil marked its high price 7 cents below the 58.20 resistance level, after rallying about 1.15 Dollars from last evenings open/low price print. support - 57.50, 56.90, 56.40 resistance - 58.20, 59.05 January Soybeans marked the high price 1.00 cent above the 1055.00 resistance number, after a rally of about 8.00 cents from near the open/low print. support

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

World Free-On-Board Grain & Oilseed Prices for December 20, 2025

Mar Wheat - Steady Mar Corn - Steady to 0.75 Lower Mar Bean Oil - Steady Jan Beans - 0.50 Lower Crude price - 56.88, up 0.36 S&P price - 6798.00, up 19.75 Soybeans: At 370 million tons, soybeans are the world’s seventh largest agricultural product and a powerhouse crop, used for food, animal feed, and industrial applications. Brazil, the U.S., and Argentina dominate global production by far with a Paraguay and distant fourth place producer of soybeans. Henry Ford was the man

February Crude Oil marked its low price 14 cents below the 55.75 support level, then rallied about 1.10 bucks to the afternoon high price print. support - 56.05, 55.60, 55.00 resistance - 56.90, 57.80, 58.20 January Soybeans marked the low price 2.50 cents above the 1044.50 support number, after selling off about 7.00 cents from the morning high print. support - 1044.50-1042.50, 1037.50 resistance - 1055.00, 1061.00 March Corn marked its low price 2 ticks below the 443.00 sup

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

Mar Wheat - 0.25 Lower Mar Corn - 0.50 Lower Mar Bean Oil - 0.05 Lower Jan Beans - Steady to 1.50 Lower February Crude Oil marked its low price 2 ticks below the 55.75 bracket support level, after selling off about 1.10 Dollars from the evening high price. support - 55.75 - breakdown below, 54.89 resistance - 56.50, 56.85, 57.25 January Soybeans marked the low price 2.00 cents below the 1053.00 stated support number after selling down about 9.00 cents from the evening high pr

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

Mar Wheat - Steady Mar Corn - 0.25 Higher to 1.00 Lower Mar Bean Oil - 0.01 Higher Jan Beans - 0.25 Higher to 0.25 Lower February Crude Oil marked its high price near the next swing high to the left. The 56.81 high was 8 cents above that next resistance level. Price action was very up and down because of all the swing highs to the left. support - 55.75-55.60, 54.95 - new lows on the daily chart, beyond this. resistance - 57.25, 57.65, 58.00 January Soybeans marked the low pri

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

Mar Wheat - Steady Mar Corn - Steady to 0.50 Lower Mar Bean Oil - Steady to 0.04 Higher Jan Beans - Steady to 0.75 Lower February Crude Oil accelerated to the downside, and is targeting an old low/support price at 54.70. The move today was down over 1.50 bucks from last night's high to near the pit time closure. support - 54.70, 51.64 - weekly support resistance - 55.50, 55.90, 56.40 January Soybeans marked the low price 2.50 cents below the 1062.00 stated support level, afte

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

Mar Wheat - 0.25 Higher Mar Corn - 0.25 Higher to 0.75 Lower Mar Bean Oil - 0.08 Lower Jan Beans - Steady February Crude Oil marked its low price 13 cents above the 56.10 support level, after selling off about 1.40 bucks from last night's high price print. support - 56.10, 55.50 resistance - 57.25, 57.60, 58.00 January Soybeans marked the low price 3.00 cents below the 1070.00 lower bracket support number, after selling down about 13.00 cents from the early morning high price

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