BASIC & RECENT MARKET INFO

Tidbits New ‌World screwworm ​has been found and confirmed in a ​calf ​in Texas, the ‌USDA said ​on ​Wednesday ⁠evening, exposing ​the ​nation's ⁠cattle herd to ⁠a ​serious ​new threat. That screw worm contributed to yesterday’s late weakness in corn. The U.S. typically imports over a million cattle from Mexico every year. The import suspension contributed to rising beef prices by tightening the supply of beef cattle. An expansive U.S. outbreak would further tighten the suppl

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. 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 s

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. The Dow Jones Index settled on Friday at 51,032, +453 points for the week. Crude oil settled at $87.76, -8.84. Dollar Index settled at 98.94, -0.38. Baltic Dry Index (a shipping freight-cost index) settled at 3,224, +233. Corn July futures settled at $4.46¾, -16½¢ for the week. December corn s

Tidbits December corn closed below its key technical support level of $4.80¼ yesterday. We discussed this technical situation on Tuesday when we stated December corn was no longer in an uptrend but was in a sideways trading range until it either traded above $5.06½ or below $4.80¼. Yesterday’s settlement was $4.77½. December corn is now in a down trend using the technical analysis system of higher highs and higher lows versus lower highs and lower lows. Barchart.com’s 13 tech

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. 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 s

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. The Dow Jones Index settled on Friday at 50,580, +1,054 points for the week. Crude oil settled at $96.6, -9.06. Dollar Index settled at 99.32, +0.05. Baltic Dry Index (a shipping freight-cost index) settled at 2,991, -160. Corn July futures settled at $4.63¼, +7½¢ for the week. December corn s

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. 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 s

Tidbits Mexico’s main meat industry group said yesterday it aims to double beef exports to the ‌United States next year, seeking to offset losses from a border closure triggered by a screwworm outbreak. In the first four months of the year, Mexican beef exports to the U.S. increased by about 23% according to officials of the Mexican ​Meat Chamber, who said fresh meat accounts for most of what is exported. The U.S. border has been closed to Mexican livestock for about a year.

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. The Dow Jones Index settled on Friday at 49,526, -83 points for the week. Crude oil settled at $105.66, +10.98. Dollar Index settled at 99.27, +1.43. Baltic Dry Index (a shipping freight-cost index) settled at 3,151, +173. Corn July futures settled at $4.55¾, -15½¢ for the week. December corn

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. 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 s

Tidbits After Iran rejected the U.S. proposal to end the war, on Sunday, President Trump rejected Iran's counter response to the U.S. proposal. Crude oil opened $2.77 higher at $98.19 last evening and then traded as high as $98.85 in the first hour of trading and higher from there. Iranian state media said the response focused on ending the war on all fronts and on the safety of shipping through the Strait of Hormuz without indicating how or when the waterway might reopen

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. The Dow Jones Index settled on Friday at 49,609, +110 points for the week. Crude oil settled at $94.68, -7.82. Dollar Index settled at 97.84, -0.37. Baltic Dry Index (a shipping freight-cost index) settled at 2,978, +248. Corn July futures settled at $4.71¼, -9¢ for the week. December corn set

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. 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 s

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. The Dow Jones Index settled on Friday at 49,499, +269 points for the week. Crude oil settled at $102.5, +7.62. Dollar Index settled at 98.21, -0.30. Baltic Dry Index (a shipping freight-cost index) settled at 2,730, +65. Corn July futures settled at $4.80¼, +16¾¢ for the week. December corn se

Tidbits President Trump reportedly had a 90 minute phone conversation with President Putin on Friday. No news about the topics discussed. President Trump posted on Truth social: "Based on the fact the European Union is not complying with our fully agreed to Trade Deal, next week I will be increasing Tariffs charged to the European Union for Cars and Trucks coming into the United States. The Tariff will be increased to 25%. It is fully understood and agreed that, if they pro

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. 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 s

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. The Dow Jones Index settled on Friday at 49,231, -217 points for the week. Crude oil settled at $94.88, +9.31. Dollar Index settled at 98.51, +0.28. Baltic Dry Index (a shipping freight-cost index) settled at 2,665, +98. Corn May futures settled at $4.55, +6¼¢ for the week. December corn settl

Tidbits Flash Sale: Yesterday morning, the USDA announced the sale of 130,000 mts of old crop corn to unknown. Crops Survey: The USDA plans to survey more farmers for some of its key U.S. crop reports ​following a drop in the response rate for its March 31 plantings report, being at 37.6%, down ​from 44.3% last year and the lowest on record for that survey. The USDA faced criticism over the reliability of its data ​after making unprecedented increases in January to corn acrea

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. 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 s

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. The Dow Jones Index settled on Friday at 49,447, +1,531 points for the week. Crude oil settled at $85.57, -10.06. Dollar Index settled at 98.23, -0.47. Baltic Dry Index (a shipping freight-cost index) settled at 2,567, +366. Corn May futures settled at $4.48¾, +7¾¢ for the week. December corn