BASIC & RECENT MARKET INFO

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled at 41,603, -1,052 points for the week. Crude oil  settled at $61.76, -0.73. Dollar Index  settled at 99.1, -1.88. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,340, -48 for the week. Corn July futures  at $4.59½, +16¢ for the week. December futures at $4.50¾, +15¼¢ for the week. Basis   (N = July; e.g. 10N means 10¢ over July

Highlights From The Moscow Times: European lawmakers on Thursday approved new  tariffs on Russian fertilizer  imports, a move aimed at cutting financial support for Moscow’s war effort, but one that has sparked concerns among EU farmers over rising costs.   More than a quarter of the EU’s nitrogen-based fertilizer imports currently come from Russia, with additional volumes entering from Belarus, a close ally of Moscow. The EU Commission wants to end that dependence.   The tar

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), fuel , fertilizers for past week Wednesday to Tuesday. Read about our approach to this report here . We discussed 2025 corn and soybeans marketing plan  on March 23.Refer to our daily mailing on that day or this post  on the website. We provide three different marketing plans (in order

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled at 42,655, +1,405 points for the week. Crude oil  settled at $62.49, +1.43. Dollar Index  settled at 100.98, +0.56. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,388, +89 for the week. Corn July futures  at $4.43½, -6¼¢ for the week. December futures at $4.35½, -6½¢ for the week. Basis   (N = July; e.g. 10N means 10¢ over July

Highlights The 2025 Hard Red Winter Wheat Tour  hosted by the Wheat Quality Council wrapped up yesterday with scouts predicting Kansas will harvest 338.5 million bushels of wheat this year. Of the last five years, only in 2021 did Kansas produce more wheat than it will this year; 364 million bushels in 2021. Last year, Kansas produced 307 million bushels. The other three years (2020, 2022, 2023) were all less than 300 million bushels with the worst being 201.3 million bushels

Tidbits From 19 February to 28 April, July corn lost 10¢ versus December corn. From 28 April to 13 May, the spread of July corn to December lost another 31½ cents! Yesterday, July corn gained 3½¢ on December corn, which is a huge change in direction.   From harvest until deep into the spring, when old crop prices lose on new crop prices, that is a bearish indicator, even in an up market. The opposite is also true. We should have shown more respect for what that spread was tel

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), fuel , fertilizers for past week Wednesday to Tuesday. Read about our approach to this report here . We discussed 2025 corn and soybeans marketing plan  on March 23.Refer to our daily mailing on that day or this post  on the website. We provide three different marketing plans (in order

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled at 41,249, -68 points for the week. Crude oil  settled at $61.06, +2.68. Dollar Index  settled at 100.42, +0.38. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,299, -122 for the week. Corn July futures  at $4.49¾, -19¼¢ for the week. December futures at $4.42, -8¼¢ for the week. Basis   (N = July; e.g. 10N means 10¢ over July f

Highlights Ag Canada  reported yesterday that wheat export  traders are saying Chinese buyers have bought 400,000 to 500,000 mts of wheat from Australia and Canada in recent weeks as drought and heat has already done significant damage to the wheat crop in Henan province, which grows about a third of China’s 140 million mts wheat crop. There is a reason May is the seasonal high for wheat prices, so do not be pricing new crop wheat yet.   A crop tour projects Oklahoma’s winter

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), fuel , fertilizers for past week Wednesday to Tuesday. Read about our approach to this report here . We discussed 2025 corn and soybeans marketing plan  on March 23.Refer to our daily mailing on that day or this post  on the website. We provide three different marketing plans (in order

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled at 41,317, +1,204 points for the week. Crude oil  settled at $58.38, -4.79. Dollar Index  settled at 100.04, +0.45. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,421, +48 for the week. Corn July futures  at $4.69, -16½¢ for the week. December futures at $4.50¼, -5½¢ for the week. Basis   (N = July; e.g. 10N means 10¢ over July

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), fuel , fertilizers for past week Wednesday to Tuesday. Read about our approach to this report here . We discussed 2025 corn and soybeans marketing plan  on March 23.Refer to our daily mailing on that day or this post  on the website. We provide three different marketing plans (in order

Tidbits Today is the day to liquidate all May long futures positions and basis contracts to avoid any chance of delivery on May futures.  Both classes of winter wheat made new contract lows in the new crop contracts yesterday. New crop spring wheat traded within 5¢ of its contract low and settled 8¢ above the 28 March low.  Wheat used to trade inversely of the dollar index, but not this spring. The dollar index is down 11% from its 13 January high and just 1% above its low ma

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled at 40,114, +971 points for the week. Crude oil  settled at $63.17, -1.28. Dollar Index  settled at 99.59, +0.36. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,373, +112 for the week. Corn May futures  at $4.78¾, -3½¢ for the week. December futures at $4.55¾, -10¼¢ for the week. Basis   (K = May; e.g. 10K means 10¢ over May fut

Tidbits StoneX’s fertilizer guy, Josh Linville, reports NOLA urea values have hit $450 for the first time since the end of 2022. For reference, 2022 ended with December corn prices at $6.00.   South Korean flour mills bought 50,000 mts of milling wheat  from the U.S.   Jordan has issued a tender to buy up to 120,000 mts of milling wheat. The S&P Global Composite (services and manufacturing) Purchasing Managers Index ( PMI ) for the U.S. was reported at 51.2, down from last mo

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), fuel , fertilizers for past week Wednesday to Tuesday. Read about our approach to this report here . We discussed 2025 corn and soybeans marketing plan  on March 23. Refer to our daily mailing on that day or this post  on the website. We provide three different marketing plans (in order

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled at 39,142, -1,070 points for the week. Crude oil  settled at $64.45, +2.97. Dollar Index  settled at 99.23, -0.55. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,261, -13 for the week. Corn May futures  at $4.82¼, -8¢ for the week. December futures at $4.66, +2½¢ for the week. Basis   (K = May; e.g. 10K means 10¢ over May futur

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), fuel , fertilizers for past week Wednesday to Tuesday. Read about our approach to this report here . We discussed 2025 corn and soybeans marketing plan  on March 23.Refer to our daily mailing on that day or this post  on the website. Corn Corn  situation after the close Tuesday, April 1

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled at 40,213, +1,898 points for the week. Crude oil  settled at $61.48, -0.84. Dollar Index  settled at 99.78, -3.11. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,274, -215 for the week. Corn May futures  at $4.90¼, +30¢ for the week. December futures at $4.63½, +16¾¢ for the week. Basis   (K = May; e.g. 10K means 10¢ over May f

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), fuel , fertilizers for past week Wednesday to Tuesday. Read about our approach to this report here . We discussed 2025 corn and soybeans marketing plan  on March 23.Refer to our daily mailing on that day or this post  on the website. Corn Corn  situation after the close Tuesday, April 8