BASIC & RECENT MARKET INFO

Tidbits StoneX’s fertilizer guy, Josh Linville, reports U.S. price change of various nitrogen fertilizers since 1 March: NOLA urea - 39% higher NOLA UAN - 55% higher Midwest NH3 - 28% higher NOLA DAP - 21% higher NOLA MAP - 15% higher NOLA Potash - 14% higher *NOLA = New Orleans, Louisiana Deliveries to be Assigned Today For Tuesday Delivery on May Futures: March Crush: The USDA reported on Friday that corn crushed for alcohol and other uses was 523 million bushels in March

World Free-On-Board Grain & Oilseed Prices for May 2, 2026

Tidbits Iran: President Trump said yesterday Iran could telephone if it wants to negotiate an end to their two-month war, stressing that Tehran can never have a nuclear weapon, while Iran's foreign minister returned to ‌Pakistan for talks despite the absence of U.S. counterparts where he said Iran will never give-up its right to have nuclear weapons. Analysts say all of Iran’s oil storage will be full on Wednesday and they will have to shut down oil production. Global fe

World Free-On-Board Grain & Oilseed Prices for April 25, 2026

Tidbits The U.S. blockade of the Strait of Hormuz is really a blockade of Iranian ports, not the strait. No ships are allowed to enter or leave an Iranian port, but the U.S. says the strait is open and Iran says the strait is closed. The reality is insurance companies are limiting shipping through the strait. On Sunday, President Trump issued the following statement: "Today, an Iranian-flagged cargo ship named TOUSKA, nearly 900 feet long and weighing almost as much as a

World Free-On-Board Grain & Oilseed Prices for April 18, 2026

Tidbits The U.S. and Iran failed to reach an agreement. Each side blamed the other for the failure of the 21-hour negotiations to make a deal. Iran will not agree to give up its pursuit of developing nuclear weapons. The U.S. and most of its allies require Iran to give up that pursuit. After all, Iran has openly stated for 47 years it wants to “Blow Israel off the map” and “Death to America.” The military operation versus Iran will not end unless Iran has a regime change

World Free-On-Board Grain & Oilseed Prices for April 11, 2026\

World Free-On-Board Grain & Oilseed Prices for April 4, 2026

Tidbits Tomorrow at 11 AM Central time the USDA will release the Planting Intentions for 2026 crops and the Grain Stocks as of 1 March. This is probably the second most important USDA reporting day of the year (after June Stocks and Planted Acreage reports). Uruguay: Santiago Fernández Camacho is the Managing Director of The Trade Bridge Group of Montevideo, Uruguay, which borders Brazil to the north and Argentina to the west. We asked Santiago to give an update on agri

World Free-On-Board Grain & Oilseed Prices for March 28, 2026

Tidbits Iran & Crude oil: Saturday evening, President Trump posted on Truth Social stating: “If Iran doesn’t fully open, without threat, the Strait of Hormuz, within 48 HOURS from this exact point in time, the United States of America will hit and obliterate their various power plants, starting with the biggest one!” Iran responded yesterday it will move to shut down the entire Strait of Hormuz if President Donald Trump follows through with his threats and that any companie

World Free-On-Board Grain & Oilseed Prices for March 21, 2026

Tidbits Brazilian soybeans: The Ministry of Agriculture and Livestock (MAPA) of Brazil has relaxed the issuance of Phytosanitary Certificates and resumed accepting surveyor samples. However, MAPA added a series of procedures and conditions: A Vigiagro (Brazilian federal health) inspector will personally accompany 1 out of every 10 vessels delivering soybeans to China. The inspector will personally collect the sample. The MAPA memo does not specify how or where the inspector w

World Free-On-Board Grain & Oilseed Prices for March 14, 2026

Tidbits Mike Alfred is a private investor, advisor, and corporate board member of several companies. He is the Founder and Managing Partner of Alpine Fox LP, a private investment partnership focused on value equities and Bitcoin. He has 338,600 followers on X, where he posted mid-day yesterday (Sunday): "I just sailed through the Strait of Hormuz. Light wind, good visibility, saw a few other yachts. No sign of conflict. The trading lane is open for business. Oil should soft

World Free-On-Board Grain & Oilseed Prices for March 7, 2026

Tidbits April WTI Crude Oil futures opened at $75.00 last evening, up $7.98. In a matter of seconds, it traded to $75.33 and, within 15 minutes, it traded down to $71.04. Brent crude traded as high as $80 in over-the-counter trading Sunday. The big move up is primarily on fears the Strait of Hormuz on the south end of the Persian Gulf may be closed or blocked. More than 20% of global crude oil and 33% of international fertilizer trade passes the Strait of Hormuz. Some shipo

World Free-On-Board Grain & Oilseed Prices for February 28, 2026

Tidbits Mexican drug cartels declared war on the Mexican and U.S. governments after their drug lord, El Mencho, was killed in a joint Mexican-U.S. operation. It was 15 days ago that Mexico agreed to joint operation in Mexico with U.S. authorities and they succeeded in taking out a kingpin. The drug cartel has declared war on the Mexican people in an attempt to motivate citizens to plead for the government to call off its persecution of the drug cartels. Many Mexican cities