Grain Marketing Education, News & Strategies

Tidbits The National Weather Service (NWS) forecast Sunday evening predicted above normal rainfall and above normal temperatures for the next two weeks in the Corn Belt. This is August, the month that makes or breaks soybean yields. The USDA predicted an average yield of 53 bushels on its July S&D, the same as a year ago, but 2.25 bushels more than 2024 and 2.4 bushels more than 2023. Matt Makens is an atmospheric scientist. He says the current Super El Niño is unlike any

World Free-On-Board Grain & Oilseed Prices for August 1, 2026

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

Tidbits Given the news, if November beans do not trade above the May high of $12.14 today, it is not going to happen. Doug Meyer of Southeast Nebraska wrote on Saturday afternoon: "The I-29 corridor from Southeast Nebraska to Southwest Iowa to Fargo from Saturday to Saturday: I’ve never seen corn and soybeans go backwards so fast. Going to be interesting to see what tip back takes off yield if it rains soon. Corn is toast in a week without it." 247AG Sunday Afternoon: He

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

Tidbits Typhoon Bavi brought heavy rain to the eastern coast of China on Sunday and lashed densely populated cities with violent winds, testing the country's ability to cope with extreme weather, Reuters News reported. Bavi had weakened by Sunday morning to a tropical storm as it ‌pushed inland, but forecasters warned that the France-sized storm system could unleash prolonged and widespread rain across eastern and northern China in the coming days. By Sunday afternoon, Bavi

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

Tidbits Weather: On Friday, the seven locations we track in the Western Corn Belt were predicted to receive rain 40 out of a possible 70 days in the ten day forecast. Today, those same locations were predicted to receive rain in 17 days in the ten day forecast. Check this morning’s rain day chart and you will know why corn and beans are trading the way they are. The Mariana Islands are roughly halfway between the Philippines and Hawaii. Guam is the southernmost island of th

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

Tidbits All CBOT July basis contracts and long July futures contracts need to be rolled or liquidated today to avoid any chance of being assigned delivery through the CBOT. Weather: With all the hot weather in Europe the past two weeks and the heat coming into the crop areas of the U.S. this weekend and predicted to stay over the next two weeks, we were surprised to see corn and soybeans futures drop 4 to 5¢ after opening Sunday evening. A brutal Western European hea

World Free-On-Board Grain & Oilseed Prices for June 27, 2026

Tidbits The Corn Belt weather a week from now is going to be hot and wet. Iran: President Trump threatened to restart war with Iran on Sunday even as Vice President JD Vance met Iranian officials for the first talks under an interim peace deal that was overshadowed by Tehran's announcement it had again closed the Strait of Hormuz. Q&A: Inflation Hyperinflation: Gilbert asked when will we see hyperinflation? Economists follow Philip Cagan's classic definition of hyperinfla

World Free-On-Board Grain & Oilseed Prices for June 20, 2026

Iran Yesterday at 5:29 PM Eastern Daylight time Donald Trump announced that the agreement between Iran and the U.S. has been concluded. This was also reported by Pakistani Prime Minister Shahbaz Sharif: "After intensive negotiations, we are pleased to announce that a peace agreement between the US and Iran has been reached. Both sides have announced an immediate and final cessation of military operations on all fronts, including in Lebanon. The official signing ceremony wil

World Free-On-Board Grain & Oilseed Prices for June 13, 2026

World Free-On-Board Grain & Oilseed Prices for June 6, 2026

Tidbits Given corn, wheat, and beans all opened 14 to 20+ higher last evening, last week's heavy selling was not justified. Brazil: From AgrInvest Commodities on Saturday: "In Brazil, corn remains pressured by comfortable physical supply and low liquidity, while fertilizers are experiencing greater downward pressure on nitrogen fertilizers. Soybean premiums (basis) showed firmness despite the sharp drop on the CBOT, in a market that remains cautious and stagnant." China:

World Free-On-Board Grain & Oilseed Prices for May 16, 2026

World Free-On-Board Grain & Oilseed Prices for May 9, 2026

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