BASIC & RECENT MARKET INFO

It's our weekly grain market prices and US grain basis analysis and outlook on November 19, 2023 for corn, soybeans and wheat. The Dow Jones  Industrial Average (DJIA) settled at 34947.28, +664.18 points for the week. Crude oil  settled at $75.84, -1.51. The Dollar Index  settled at 103.81, -1.99. The Baltic Dry Index  (a shipping freight-cost index)  settled at 1820, +177 points for the week. Corn December futures  at $4.67, +3¢ for the week. Basis   (Z = December; e.g. 10Z

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, November 14 , 2023: December corn settled on Tuesday at $4.78¼, +9¾¢ since last Tuesday. The past 7 da

Highlights The Chinese blue-chip CSI 300 stock index was barely up last week, but up 0.066%, none-the-less, and that made three consecutive weeks of gains, its best run since March. And the world breathed a sigh of relief… The majority of soybeans in Mato Grosso that got planted sometime during the past two months are either dead or look terrible and in desperate need of water. But there is nothing wrong with the beans that 2 inches of rain (55 mm) every other day for a coup

It's our weekly grain market prices and US grain basis analysis and outlook on November 12, 2023 for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA) settled at 34283.1, +221.78 points for the week. Crude oil settled at $77.35, -3.54. The Dollar Index settled at 105.8, +0.73. The Baltic Dry Index (a shipping freight-cost index) settled at 1643, +181 points for the week. Corn December futures at $4.64, -13¼¢ for the week. Basis (Z = December; e.g. 10Z m

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, November 7 , 2023: December corn settled on Tuesday at $4.68½, -10¼¢ since last Tuesday. The past 7 da

Highlights Instead of writing about what caused the markets to fall out of bed yesterday and how terrible yesterday’s price action was for farmers, we will put that ugliness aside and sweep it away with some good news. January beans settled 18¢ below their high yesterday and down 2¢ on the day. That was very poor market action, but China solved that problem. After the close of the CBOT yesterday, Reuters News Service reported China bought 600,000 mts of US soybeans for shi

Originally written by Roger Wright for FarmProgress.com in September 2021 Here is why you need to be a basis seller and a futures seller,...

It's our weekly grain market prices and US grain basis analysis and outlook on November 5, 2023 for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA) settled at 34061.32, +1,643.73 points for the week. Crude oil settled at $80.89, -4.27. The Dollar Index settled at 105.07, -1.51. The Baltic Dry Index (a shipping freight-cost index) settled at 1462, -101 points for the week. Corn December futures at $4.77¼, -3½¢ for the week. Basis (Z = December; e.g. 10

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, October 31 , 2023: December corn settled on Tuesday at $4.78¾, -5¼¢ since last Tuesday. The past 7 day

It's our weekly grain market prices and US grain basis analysis and outlook on October 29, 2023 for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA) settled at 32417.59, -709.69 points for the week. Crude oil settled at $85.16, -3.86. The Dollar Index settled at 106.58, +0.42. The Baltic Dry Index (a shipping freight-cost index) settled at 1563, -483 points for the week. Corn December futures at $4.80¾, -14¾¢ for the week. Basis (Z = December; e.g. 10Z

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, October 24 , 2023: December corn settled on Tuesday at $4.84, -5¢ since last Tuesday. The past 7 days’

It's our weekly grain market prices and US grain basis analysis and outlook on October 22, 2023 for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA) settled at 33127.28, -543.01 points for the week. Crude oil settled at $89.02, +1.30. The Dollar Index settled at 106.16, -0.51. The Baltic Dry Index (a shipping freight-cost index) settled at 2046, +101 points for the week. Corn December futures at $4.95½, +2¼¢ for the week. Basis (Z = December; e.g. 10Z

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, October 17 , 2023: December corn settled on Tuesday at $4.89, +3½¢ since last Tuesday. The past 7 days

It's our weekly grain market prices and US grain basis analysis and outlook on October 15, 2023 for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA) settled at 33670.29, +262.71 points for the week. Crude oil settled at $87.72, +4.91. The Dollar Index settled at 106.67, +0.57. The Baltic Dry Index (a shipping freight-cost index) settled at 1945, +16 points for the week. Corn December futures at $4.93¼, +1¼¢ for the week. Basis (Z = December; e.g. 10Z m

The numbers are: Friendly corn Bullish beans Neutral Wheat 30 Minutes After Report was released: December corn +8 November beans +40...

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, October 10 , 2023: December corn settled on Tuesday at $4.85½, -2¢ since last Tuesday. The past 7 days

It's our weekly grain market prices and US grain basis analysis and outlook on October 8, 2023 for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA) settled at 33407.58, -99.92 points for the week. Crude oil settled at $82.81, -7.96. The Dollar Index settled at 106.1, -0.07. The Baltic Dry Index (a shipping freight-cost index) settled at 1929, +228 points for the week. Corn December futures at $4.92, +15¼¢ for the week. Basis (Z = December; e.g. 10Z mea

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 to this report: https://www.wrightonthemarket.com/post/how-to-decide-when-to-price-grain Corn Corn situation after the close Tuesday, October 3 , 2023: December corn settled on Tuesday at $4.87½, +7¾¢ since last Tuesday.

It's our weekly grain market prices and US grain basis analysis and outlook on October 1, 2023 for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA) settled at 33507.5, -456.34 points for the week. Crude oil settled at $90.77, +0.44. The Dollar Index settled at 106.17, +0.59. The Baltic Dry Index (a shipping freight-cost index) settled at 1701, +108 points for the week. Corn December futures at $4.76¾, +½¢ for the week. Basis (Z = December; e.g. 10Z means 10

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. Corn Corn situation after the close Tuesday, September 26 , 2023: December corn settled on Tuesday at $4.79¾, +3½¢ since last Tuesday. The past 7 days’ high was $4.83½, the low was $4.73¾. Contract high is $6.79¼ made Apr 27, 2022; Contract low is $3