BASIC & RECENT MARKET INFO

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, September 12 , 2023: December corn settled on Tuesday at $4.76½, -9½¢ since last Tuesday. The past 7 days’ high was $4.90¼, the low was $4.73½. Contract high is $6.79¼ made Apr 27, 2022; Contract low is $3.97½ made Dec 15, 2020; Range is $2.81¾. Yest

It's our weekly grain market prices and US grain basis analysis and outlook on September 10, 2023 for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA) settled at 34,576.59, -261.12 points for the week. Crude oil settled at $87.23, +1.18. The Dollar Index settled at 105.09, +0.83. The Baltic Dry Index (a shipping freight-cost index) settled at 1,186, +121 points for the week. Corn December futures at $4.83¾, +2¼¢ for the week. Basis (Z = December; e.g.

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, September 5 , 2023: December corn settled on Tuesday at $4.86, -¾¢ since last Tuesday. The past 7 days’ high was $4.91¾, the low was $4.76¾. Contract high is $6.79¼ made Apr 27, 2022; Contract low is $3.97½ made Dec 15, 2020; Range is $2.81¾. Yesterd

It's our weekly grain market prices and US grain basis analysis and outlook on September 3, 2023 for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA) settled at 34,837.71, +490.81 points for the week. Crude oil settled at $86.05, +6.00. The Dollar Index settled at 104.24, +0.05. The Baltic Dry Index (a shipping freight-cost index) settled at 1,065, -15 points for the week. Corn December futures at $4.81½, -6½¢ for the week. September futures at $4.84¾,

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, August 29 , 2023: September corn settled on Tuesday at $4.69½, +3¢ from last Tuesday. December corn settled on Tuesday at $4.86¾, +7¼¢ since last Tuesday. The past 7 days’ high was $4.99½, the low was $4.78½. Contract high is $6.79¼ made Apr 27, 2022

It's our weekly grain market prices and US grain basis analysis and outlook on August 27, 2023 for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA) settled at 34,346.90, -153.76 points for the week. Crude oil settled at $80.05, -1.35. The Dollar Index settled at 104.19, +0.76. The Baltic Dry Index (a shipping freight-cost index) settled at 1,080, -157 points for the week. Corn September futures at $4.70¾, -8¾¢ for the week. December futures at $4.88, -5

Highlights Pro Farmer Final for 2023: These Pro Farmer estimates include factors like weather, maturity & areas outside the tour's coverage. Pro Farmer increased harvested corn acres by 675,000 based on the August FSA data, but they did not adjust bean acres. Soybeans and especially corn are expected to open higher Sunday given Pro Farmer yields and the weather. This will most likely be the most bullish news the corn market will get until the September 12th USDA Crop Product

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, August 22 , 2023: September corn settled on Tuesday at $4.66½, +2½¢ from last Tuesday. December corn settled on Tuesday at $4.79½, +4¢ since last Tuesday. The past 7 days’ high was $5.06¼, the low was $4.73½. Contract high is $6.79¼ made Apr 27, 2022

It's our weekly grain market prices and US grain basis analysis and outlook on August 20, 2023 for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA) settled at 34,500.66, -780.74 points for the week. Crude oil settled at $81.40, -1.64. The Dollar Index settled at 103.43, +0.58. The Baltic Dry Index (a shipping freight-cost index) settled at 1,237, +108 points for the week. Corn September futures at $4.79½, +5¢ for the week. December futures at $4.93, +5¾

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, August 15 , 2023: September corn settled on Tuesday at $4.64, -23½¢ from last Tuesday. December corn settled on Tuesday at $4.75½, -23¼¢ since last Tuesday. The past 7 days’ high was $5.07, the low was $4.73¾. Contract high is $6.79¼ made Apr 27, 202

It's our weekly grain market prices and US grain basis analysis and outlook on August 13, 2023 for corn, soybeans and wheat. The Dow Jones Industrial Average (DJIA) settled at 35,281.40, +215.78 points for the week. Crude oil settled at $83.04, +0.40. The Dollar Index settled at 102.85, +0.84. The Baltic Dry Index (a shipping freight-cost index) settled at 1,129, -7 points for the week. Corn September futures at $4.74½, -9¾¢ for the week. December futures at $4.87¼, -10

Highlights July’s CPI (inflation at the retail level) was up 0.2% (as expected) and up 3.2% (3.3% expected) for the previous 12 months. Unemployment claims, at 248,000, were 17,000 more than expected and 21,000 more than last week. The Producer Price Index will be released later this morning. It is expected to be up 0.2% for the month of July. Chevron and Woodside Energy are holding talks with unions in a bid to avert strikes at their Western Australia state natural gas faci

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, August 8 , 2023: September corn settled on Tuesday at $4.87½, -9½¢ from last Tuesday. December corn settled on Tuesday at $4.98¾, -8½¢ since last Tuesday. The past 7 days’ high was $5.23¼, the low was $4.89¼. Contract high is $6.79¼ made Apr 27, 2022

Highlights The Corn Belt is expected to have above normal rainfall and below normal temperatures the next two weeks. Don't expect soybeans to be higher two weeks from now unless the weather forecast changes. Moscow's Vnukovo airport temporarily halted all flights Sunday due to a failed drone attack just before noon. The Chonhar Bridge is a major connection from Crimea to the battle front in Southern Ukraine for Russia to bring in weapons and troops from Crimea. The bridge w

Crop Feedback Received the following last evening from Clint, and we thank him for taking the time to give this crop report: "Roger, we took a family vacation from just north of Cincinnati, Ohio to near Ludington, Michigan. Just driving by I thought crops looked great. Going up last week, I could see quite a bit of corn that hadn't tasseled yet, coming home today, much of it has tasseled and things still looked great. A few places showing some drought stress, but honestly bet

The Dow Jones Industrial Average (DJIA) settled at 35,065.62, -393.67 points for the week. Crude oil settled at $82.64, +1.97. The Dollar Index settled at 102.01, +0.31. The Baltic Dry Index (a shipping freight-cost index) settled at 1,136, +26 points for the week. Below is corn, soybeans and wheat basis outlook this week. Corn September futures at $4.84¼, -36¾¢ for the week. December futures at $4.97¼, -33¢ for the week. Basis (U = September; e.g. 10U means 10¢ over S

Highlights The percent of the nation’s corn crop in a drought declined 2% the past week to “just” 57%. Likewise, the beans in a drought declined 2% to “just” 51%. If that will make record high yields, something is wrong someplace. The discussion between Putin and Turkey’s President Erdogan to revive Ukraine’s export corridor was short. Putin said sanctions must be lifted. End of discussion. Rumor is India is working on a deal to buy 9 million mts of Russian wheat. India o

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, August 1 , 2023: September corn settled on Tuesday at $4.97, -60½¢ from last Tuesday. December corn settled on Tuesday at $5.07¼, -58¢ since last Tuesday. The past 7 days’ high was $5.65, the low was $5.05½. Contract high is $6.79¼ made Apr 27, 2022;

The Dow Jones Industrial Average (DJIA) settled at 35,459.29, +231.60 points for the week. Crude oil settled at $80.67, +3.84. The Dollar Index settled at 101.70, +0.62. The Baltic Dry Index (a shipping freight-cost index) settled at 1,110, +132 points for the week. Below is corn, soybeans and wheat basis outlook this week. Corn September futures at $5.21, -6¢ for the week. December futures at $5.30¼, -6¢ for the week. Basis (U = September; e.g. 10U means 10¢ over Sept

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, July 25 , 2023: September corn settled on Tuesday at $5.57½, +28¾¢ from last Tuesday. December corn settled on Tuesday at $5.65¼, +30¾¢ since last Tuesday. The past 7 days’ high was $5.72¼, the low was $5.31¼. Contract high is $6.79¼ made Apr 27, 202