BASIC & RECENT MARKET INFO

The Dow Jones Industrial Average (DJIA) settled at 33,485.29, +210.14 points for the week. Crude oil settled at $80.46, +4.76. The Dollar Index settled at 102.09, -0.50. The Baltic Dry Index (a shipping freight-cost index) settled at 1,560, +171 for the week. Below is corn, soybeans and wheat basis outlook this week. Corn May futures at $6.43½, -17¢ for the week. December futures at $5.56¾, -9¾¢ for the week. Basis (K = May; e.g. 10K means 10¢ over May futures) (Future

Outlook for Production Agriculture as of April 2019 (and April 2023 update) Long Term Outlook World population is increasing and more...

Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans and wheat for past week Wednesday to Tuesday. Corn Corn situation after the close Tuesday, April 4 , 2023: May corn settled on Tuesday at $6.53, +6½¢ from last Tuesday. December corn settled on Tuesday at $5.60, -12¼¢ since last Tuesday. The past 7 days’ high was $5.76¼, the low was $5.58¼.

The Dow Jones Industrial Average (DJIA) settled at 33,275.15, +1037.62 points for the week. Crude oil settled at $75.70, +6.50. The Dollar Index settled at 102.59, -0.52. The Baltic Dry Index (a shipping freight-cost index) settled at 1,389, -95 for the week. Below is corn, soybeans and wheat basis outlook this week. Corn May futures at $6.60½, +17½¢ for the week. December futures at $5.66½, +6¼¢ for the week. Basis (K = May; e.g. 10K means 10¢ over May futures) (Futur

Highlights: Wheat USDA sees US wheat acres at 49.9 million (20.1 million hectares), up 9% from 2022 and 8% above the five-year average. Winter wheat planted area is up 13% at 37.5 million acres, with 26.0 million acres of Hard Red Winter, 7.8 million acres of Soft Red Winter, and 3.7 million acres of white winter wheat. All spring wheat acres will be down 2% from a year ago with Hard Red Spring at 9.9 million acres and durum up 9% to 1.8 million acres. All US wheat inventory

Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans and wheat for past week Wednesday to Tuesday. Corn Corn situation after the close Tuesday, March 28 , 2023: May corn settled on Tuesday at $6.47, +17¼¢ from last Tuesday.

The Dow Jones Industrial Average (DJIA) settled at 32,237.53, +375.55 points for the week. Crude oil settled at $69.20, +2.86. The Dollar Index settled at 103.11, -0.75. The Baltic Dry Index (a shipping freight-cost index) settled at 1,484, -51 for the week. Below is corn, soybeans and wheat basis outlook this week. Corn May futures at $6.43, +8¾¢ for the week. December futures at $5.60¼, -1¢ for the week. Basis (K = May; e.g. 10K means 10¢ over May futures) (Futures p

Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans and wheat for past week Wednesday to Tuesday. Corn Corn situation after the close Tuesday, March 21 , 2023: May corn settled on Tuesday at $6.30, +9¼¢ from last Tuesday. December corn settled on Tuesday at $5.56¾, -2½¢ since last Tuesday. The past 7 days’ high was $5.64¼, the low was $5.53¾

The Dow Jones Industrial Average (DJIA) settled at 31,861.98, -47.66 points for the week. Crude oil settled at $66.34, -10.34. The Dollar Index settled at 103.86, -0.78. The Baltic Dry Index (a shipping freight-cost index) settled at 1,535, +111 for the week. Below is corn, soybeans and wheat basis outlook this week. Corn May futures at $6.34¼, +17¢ for the week. December futures at $5.61¼, +3½¢ for the week.

Highlights Late yesterday, the Manhattan District Attorney asked for a meeting with law enforcement officials ahead of a possible indictment of Donald Trump. The DA said he is planning to have Donald Trump handcuffed and arrested next week over hush money Trump’s attorney paid to Stormy Daniels to keep her quiet in 2016. What this event would do to commodity prices is probably bearish short term and then bullish after a week or so. Hopefully, the nation does not have to go th

Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans and wheat for past week Wednesday to Tuesday. Corn Corn situation after the close Tuesday, March 14 , 2023: May corn settled on Tuesday at $6.20¾, -13½¢ from last Tuesday. December corn settled on Tuesday at $5.59¼, -7¾¢ since last Tuesday. The past 7 days’ high was $5.67½, the low was $5.50¾.

The Dow Jones Industrial Average (DJIA) settled at 31,909.64, -1,481.33 points for the week. Crude oil settled at $76.68, -3.17. The Dollar Index settled at 104.64, +0.11. The Baltic Dry Index (a shipping freight-cost index) settled at 1,424, +213 for the week. Below is corn, soybeans and wheat basis outlook this week. Corn May futures at $6.17¼, -23½¢ for the week. December futures at $5.57¾, -13¼¢ for the week. Basis (K = May; e.g. 10K means 10¢ over May futures) (Fu

Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans and wheat for past week Wednesday to Tuesday. Corn Corn situation after the close Tuesday, March 7 , 2023: May corn settled on Tuesday at $6.34¼, +4¢ from last Tuesday. December corn settled on Tuesday at $5.67, -2¾¢ since last Tuesday. The past 7 days’ high was $5.73½, the low was $5.64.

The Dow Jones Industrial Average (DJIA) settled at 33,390.97, +574.05 points for the week. Crude oil settled at $79.85, +$3.40. The Dollar Index settled at 104.53, -0.73. The Baltic Dry Index (a shipping freight-cost index) settled at 1,211, +328 for the week. Below is corn, soybeans and wheat basis outlook this week. Corn May futures at $6.40¾, -8½¢ for the week. December futures at $5.71, -5¼¢ for the week.

Roger’s reference yesterday to Market Analyst Bill Crowder recommending his clients sell all corn and beans needs to be modified. Bill did send the email to his clients, but he was forwarding Bill Ryan’s email. Mr. Ryan’s email is: bill@crokerrhyne.com We apologize to Mr. Bill Crowder. Thanks, once again, John. Highlights Russia said they will not sign the Ukraine grain corridor deal unless Russia's agricultural and fertilizer producers are “taken into account.” With or witho

Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans and wheat for past week Wednesday to Tuesday. Corn Corn situation after the close Tuesday, February 28 , 2023: May corn settled on Tuesday at $6.30¼, -50¼¢ from last Tuesday. December corn settled on Tuesday at $5.69¾, -26¾¢ since last Tuesday. The past 7 days’ high was $5.96¼, the low was $5.68¾. Contract high is $6.79¼ made Apr 27, 2022;

The Dow Jones Industrial Average (DJIA) settled at 32,816.92, down 1,009.77 points for the week. Crude oil settled at $76.45, +12¢. The...

Tidbits March options expired yesterday. The option expiration day is seldom a good day for the owners of grain and oil seeds, whether in the bin or on the CBOT. Late February, over the decades, is usually the winter low for corn and beans. There was economic news released Friday morning that the market thinks justified higher interest rates by the Federal reserve, so the dollar was stronger, which is bad for exports, and wheat relies more on export demand than any commodity

Grain market summary of price outlook, seasonal situation, fundamental & technical analysis with our recommendations for corn , soybeans and wheat for past week Wednesday to Tuesday. Corn Corn situation after the close Tuesday, February 21 , 2023: March corn settled on Tuesday at $5.80½, -1¾¢ from last Tuesday. December corn settled on Tuesday at $5.96½, -1¼¢ since last Tuesday. The past 7 days’ high was $5.97½, the low was $5.91¾.

Highlights This is important for you younger guys to remember this item the rest of your life: Two fields with everything identical (same crop, variety, stage of maturity, soil type, elevation, agle to the sun, low temperature for the same amount of time, etc.), a field with wet soil will have much less frost damage than a field with dry soil. It is still too early to know how serious the frost damage was over the weekend, but here is sampling of temperatures Saturday morni