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Weekly Summary & Recommendations 9/11/24
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) for past week Wednesday to Tuesday. Explanation of our approach: https://www.wrightonthemarket.com/post/how-to-decide-when-to-price-grain Corn Corn situation after the close Tuesday, September 10 , 2024: December corn settled yesterday at $4.04¼, -5¢ since last Tuesday. The past 7 day

Wright team
Sep 11, 20245 min read


Weekly Basis 9/8/24
It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones Industrial Average Index settled at 40,345, -1,217.67 points for the week. Crude oil settled at $68.16, -5.49. Dollar Index settled at 101.19, -0.54. Baltic Dry Index (a shipping freight-cost index) settled at 1,941, +127 for the week. Corn December futures at $4.06¼, +5¼¢ for the week. Basis (Z = Dec; e.g. 10Z means 10¢ over December futures) (Futures price + Basis = C

Wright team
Sep 8, 20244 min read


Weekly Summary & Recommendations 9/4/24
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) for past week Wednesday to Tuesday. Explanation of our approach: https://www.wrightonthemarket.com/post/how-to-decide-when-to-price-grain Corn Corn situation after the close Tuesday, September 3 , 2024: December corn settled yesterday at $4.09¼, +16½¢ since last Tuesday. The past 7 da

Wright team
Sep 4, 20245 min read


Weekly Basis 9/1/24
It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones Industrial Average Index settled at 41,563, +388.00 points for the week. Crude oil settled at $73.65, -1.31. Dollar Index settled at 101.73, +1.05. Baltic Dry Index (a shipping freight-cost index) settled at 1,814, +52 for the week. Corn December futures at $4.01, +10¢ for the week. Basis (U = Sept; e.g. 10U means 10¢ over September futures) (Futures price + Basis = Cas

Wright team
Sep 1, 20244 min read


Weekly Summary & Recommendations 8/28/24
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) for past week Wednesday to Tuesday. Explanation of our approach: https://www.wrightonthemarket.com/post/how-to-decide-when-to-price-grain Corn Corn situation after the close Tuesday, August 27 , 2024: September corn settled yesterday at $3.67¼, -7¾¢ since last Tuesday. December corn s

Wright team
Aug 28, 20245 min read


Weekly Basis 8/25/24
It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones Industrial Average Index settled at 41,175, +515.32 points for the week. Crude oil settled at $74.96, -1.64. Dollar Index settled at 100.68, -1.72. Baltic Dry Index (a shipping freight-cost index) settled at 1,762, +71 for the week. Corn September futures at $3.67¾, -2¾¢ for the week. Basis (U = Sept; e.g. 10U means 10¢ over September futures) (Futures price + Basis = C

Wright team
Aug 25, 20244 min read


Weekly Summary & Recommendations 8/21/24
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) for past week Wednesday to Tuesday. Explanation of our approach: https://www.wrightonthemarket.com/post/how-to-decide-when-to-price-grain Corn Corn situation after the close Tuesday, August 20 , 2024: September corn settled yesterday at $3.75, -1¼¢ since last Tuesday. December corn se

Wright team
Aug 21, 20245 min read


Weekly Basis 8/18/24
It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones Industrial Average Index settled at 40,660, +1,162.22 points for the week. Crude oil settled at $76.6, -0.38. Dollar Index settled at 102.4, -0.75. Baltic Dry Index (a shipping freight-cost index) settled at 1,691, +21 for the week. Corn September futures at $3.70½, -6¼¢ for the week. Basis (U = Sept; e.g. 10U means 10¢ over September futures) (Futures price + Basis = C

Wright team
Aug 18, 20244 min read


Weekly Summary & Recommendations 8/14/24
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) for past week Wednesday to Tuesday. Explanation of our approach: https://www.wrightonthemarket.com/post/how-to-decide-when-to-price-grain Corn Corn situation after the close Tuesday, August 13 , 2024: September corn settled yesterday at $3.76¼, -12½¢ since last Tuesday. December corn

Wright team
Aug 14, 20244 min read


Weekly Basis 8/11/24
It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones Industrial Average (DJIA) settled at 39,498, -239.72 points for the week. Crude oil settled at $76.98, +2.84. Dollar Index settled at 103.15, -0.07. Baltic Dry Index (a shipping freight-cost index) settled at 1,670, -5 for the week. Corn September futures at $3.76¾, -9¾¢ for the week. Basis (U = Sept; e.g. 10U means 10¢ over September futures) (Futures price + Basis = C

Wright team
Aug 11, 20244 min read


Tidbits, Soy Export, SAF, Corn Carry 8/10/24
At least one farmer in West Central Ohio who thought he had Tar Spot on his corn had his agronomist look at his fields who said the fungus was Northern Corn Leaf Blight, not Tar Spot. Since some of the corn had started to dent, the agronomist said do not spend any money. Highlights Look what happened a day after soybean export trader, Eduardo Vanin, reported: US beans are cheaper than Brazil. Friday morning, the USDA announced the sale of: 132,000 mts new crop beans to Chin

Wright team
Aug 10, 20244 min read


Weekly Summary & Recommendations 8/7/24
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) for past week Wednesday to Tuesday. Explanation of our approach: https://www.wrightonthemarket.com/post/how-to-decide-when-to-price-grain Corn Corn situation after the close Tuesday, August 6 , 2024: September corn settled yesterday at $3.88¾, steady since last Tuesday. December corn

Wright team
Aug 7, 20244 min read


Weekly Summary & Recommendations 7/31/24
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) for past week Wednesday to Tuesday. Explanation of our approach: https://www.wrightonthemarket.com/post/how-to-decide-when-to-price-grain Corn Corn situation after the close Tuesday, July 30 , 2024: September corn settled yesterday at $3.88¾, -13¾¢ since last Tuesday. December corn se

Wright team
Jul 31, 20244 min read


Weekly Basis 7/28/24
It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA) settled at 40,589, +301.81 points for the week. Crude oil settled at $76.44, -3.81. The Dollar Index settled at 104.33, -0.03. The Baltic Dry Index (a shipping freight-cost index) settled at 1,808, -94 for the week. Corn September futures at $3.94½, +4¢ for the week. Basis (U = Sept; e.g. 10U means 10¢ over September futures) (Futures price

Wright team
Jul 28, 20244 min read


Weekly Summary & Recommendations 7/24/24
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) for past week Wednesday to Tuesday. Explanation of our approach: https://www.wrightonthemarket.com/post/how-to-decide-when-to-price-grain Corn Corn situation after the close Tuesday, July 23 , 2024: September corn settled yesterday at $4.02½, +6¾¢ since last Tuesday. December corn set

Wright team
Jul 24, 20244 min read


Weekly Basis 7/21/24
It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA) settled at 40,288, +286.63 points for the week. Crude oil settled at $80.25, -1.93. The Dollar Index settled at 104.36, +0.28. The Baltic Dry Index (a shipping freight-cost index) settled at 1,902, -95 for the week. Corn September futures at $3.90½, -11½¢ for the week. Basis (U = Sept; e.g. 10U means 10¢ over September futures) (Futures pri

Wright team
Jul 21, 20244 min read


Weekly Summary & Recommendations 7/17/24
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) for past week Wednesday to Tuesday. Explanation of our approach: https://www.wrightonthemarket.com/post/how-to-decide-when-to-price-grain Corn Corn situation after the close Tuesday, July 16 , 2024: September corn settled yesterday at $3.95¾, +1¾¢ since last Tuesday. December corn set

Wright team
Jul 17, 20243 min read


Weekly Basis 7/14/24
It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA) settled at 40,001, +625.03 points for the week. Crude oil settled at $82.18, -0.98. The Dollar Index settled at 104.08, -0.79. The Baltic Dry Index (a shipping freight-cost index) settled at 1,997, +31 for the week. Corn September futures at $4.02, -8½¢ for the week. Basis (U = Sept; e.g. 10U means 10¢ over September futures) (Futures price

Wright team
Jul 14, 20244 min read


Weekly Summary & Recommendations 7/10/24
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) for past week Wednesday to Tuesday. Explanation of our approach: https://www.wrightonthemarket.com/post/how-to-decide-when-to-price-grain Corn Corn situation after the close Tuesday, July 9 , 2024: September corn settled yesterday at $3.94, -14¢ since last Tuesday. December corn settl

Wright team
Jul 10, 20244 min read


Weekly Basis 7/9/24
It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA) settled at 39,376, +257.01 points for the week. Crude oil settled at $83.16, +1.70. The Dollar Index settled at 104.87, -0.98. The Baltic Dry Index (a shipping freight-cost index) settled at 1,966, -84 for the week. Corn September futures at $4.10½, +3¢ for the week. Basis (U = Sept; e.g. 10U means 10¢ over September futures) (Futures price

Wright team
Jul 9, 20244 min read
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