BASIC & RECENT MARKET INFO

Tidbits Harvest report:  From Central Ohio, double crop soybeans made 56 bushels after 12 tons of chopped triticale. Unlike most of the Eastern Corn Belt, this field had a 3 inch rain on the first day of August and another 1.5 inches through the first week of September.     Crude oil:  The OPEC+ members met yesterday to decide if they should increase daily production in November by 137,000 or 548,000 barrels per day or some amount in between. Saudi Arabia wanted a big increas

World Free-On-Board Grain & Oilseed Prices for October 4, 2025

Dec Wheat - 0.75 Lower Dec Corn - Steady Dec Bean Oil - 0.05 Lower Nov Beans - 1.25 Lower Crude price - 61.44, up 0.56 S&P price -...

November Crude Oil traded an inside day, which means the high and low were within the previous day's high and low. Crude also traded...

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 46,758, +511 points for the week. Crude oil  settled at $60.69, -4.50. Dollar Index  settled at 97.712, -0.47. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,901, -358. Corn December futures settled at $4.19, -3¢ for the week. Basis   (Z = December; e.g. 10Z means 10¢ over Dec futures) (Futures price + Basis = Cash

Tidbits Harvest report  from Northeast Illinois farmer: "I can verify yield difference on beans: beans planted early April were 25 bushels more than beans planted 3rd week in May."   U.S. weather:  Last evening’s 6 to 10 day forecast predicts the hot weather will continue for the Midwest and Eastern U.S. with a chance for rain in the Western Corn Belt.     Brazil weather from AgrInvest Commodities: "After September's rains, the atmosphere is clearing up again in the Center-No

Tidbits Basis Bids:  On Thursday, St. Louis basis changes were: Soybean -12X (12¢ under November futures), was 10¢, the strongest level since August 13th. Corn 8¢ firmer to 4 over the December futures price. Soft Red Winter wheat was up 16¢ at -17Z (17¢ under December futures price). The Lower Mississippi is expected to drop below 8 feet by next Friday.   President Trump and Chinese President Xi  are scheduled to meet on 31 October.   Crude oil:  With crude oil refinery runs

Tidbits Basis bids: With all the recent talk about shallow water on the Lower Mississippi reducing barge capacity and increasing the cost of freight, we were surprised to learn that the soybean basis on the Lower River actually firmed 6 to 7¢ last week. Even more surprising is the soybean basis on the Upper Mississippi firmed 11 to 22¢ yesterday! What do they know that we do not know? Our guess is they know China will be buying U.S. soybeans. Rapid harvest progress, no China

Dec Wheat - 0.75 Lower Dec Corn - 1.00 Lower Dec Bean Oil - 0.01 Higher Nov Beans - 2.25 Lower November Crude Oil definitively broke down...

Tidbits

Dec Wheat - Steady Dec Corn - 0.75 Higher Dec Bean Oil - 0.08 Higher Nov Beans - 0.50 Higher November Crude Oil marked its low price 20...

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 The corn stocks  number yesterday was 82 million bushels higher than the highest estimate and 196 million bushels more than the average estimate. Yesterday’s low on December corn was lower than the last two lows made on corrections after making new highs for the move in September. The trend of higher highs and higher lows since 12 August has been broken and the price went below the 20-day moving average, which is a bearish technical indicator. However, the SuperTrend

Dec Wheat - Steady to 0.50 Lower Dec Corn - 1.00 Higher to 1.00 Lower Dec Bean Oil - 0.06 Lower Nov Beans - 1.50 Lower November Crude Oil...

The numbers were: Negative to Bearish Corn and Wheat Neutral Soybeans CBOT 30 Minutes After Report Dec corn -6 Nov beans -8 July CBOT...

Tidbits Quarterly Grain Stocks  (inventory) Report will be released today at 11 AM Central by the USDA. It will state the amount of all commodities in the U.S. as of 1 September 2025. The 2025 small grains production final (until possibly January) will also be issued. Small grains include all classes of wheat, oats, barley, and rye. Flash sale: Yesterday morning, the USDA announced the sale of 135,660 mts of old crop corn to Mexico and 110,668 mts of old crop corn to unknown.

Dec Wheat - 0.50 Lower Dec Corn - 1.00 Lower Dec Bean Oil - 0.08 Lower Nov Beans - 1.50 Lower November Crude Oil sold off 2.48 bucks for...

Tidbits The Quarterly Grain Stocks Report  will be issued tomorrow at 11 AM Central. This September stocks report includes a look back at the last three marketing years to see if the current inventory is reasonable given the crop production and consumption numbers of each of those years. Once every 10 or so years, there is a huge surprise in September. However, during the past six years, USDA has made some adjustments “out-of-schedule” for past marketing years.   The most rec

World Free-On-Board Grain & Oilseed Prices for September 27, 2025

Dec Wheat - 0.75 Lower Dec Corn - 0.25 Lower Dec Bean Oil - 0.06 Higher Nov Beans - 0.75 Lower Crude price - 65.03, down 0.69 S&P price -...