Grain Marketing Education, News & Strategies

Tidbits Turkey is discussing a plan to create a new grain corridor in the Black Sea. According to local media, Turkey has intensified diplomatic contacts with Russia and Ukraine. The Chamber of Maritime Commerce of Turkey confirmed that it held meetings at the Ministry of Transport, where they spoke of "intense discussions" regarding a new grain deal. However, no specific deadlines have been mentioned. We do not see any way this grain corridor will be created any time soon, b

World Free-On-Board Grain & Oilseed Prices for August 29, 2026

Tidbits Market Comment: December corn opened 2 to 4¢ higher last evening and then proceeded to move 13¢ higher in the first two hours of trading. Wheat was a follower gaining 2¢ less than the corn. Soybeans were down 4 to 7¢ as the Pro Farmers yield numbers were more than a half bushel above the USDA’s. The next USDA crop production report is 11 September, 14 trading days away. A lot can happen between now and 11 September. Keep in mind, StoneX put the corn yield at 184.8 and

World Free-On-Board Grain & Oilseed Prices for August 15, 2026

Tidbits Weekend Comments from AgrInvest Commodities in Brazil: The fertilizer market ended the week with strong downward pressure on nitrogen fertilizers, especially after the results of the Indian tender and the expansion of urea export quotas by China. Urea fell to the US$410–415/t CFR Brazil range, approaching the year's lows and increasing expectations of a demand recovery if prices break the US$400/t level. Ammonium sulfate followed the downward trend, giving back much

World Free-On-Board Grain & Oilseed Prices for August 15, 2026

Tidbits Russia is intensifying strikes on Ukrainian ports, terminals and shipping infrastructure after Ukrainian attacks on Russian vessels and maritime logistics. The responses are becoming broader and the economic impact is deepening. Ukraine’s Ag Minister said Sunday expects agricultural exports to fall to about 29.6million mts this marketing year, down 54% from an earlier forecast of 64.4 million mts. Wheat exports could decline 53% to just 8.3 million mts. Odessa’s por

World Free-On-Board Grain & Oilseed Prices for August 8, 2026

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