BASIC & RECENT MARKET INFO

Tidbits EPA Director Lee Zeldin announced yesterday that gasoline cans  have been deregulated, issuing letters to manufacturers encouraging them to add vents to gas cans to ensure safe and effective refueling. Old fashioned cans with a vent and a simple threaded lid must now be legal! In 2007, EPA finalized a rule requiring manufacturers to reduce evaporative emissions by sealing in gasoline vapors, which allowed vents as long as they close automatically when not in use. Due

Tidbits The lowest September corn  closing prices this year were: $3.98 on 8 July $3.96 on 11 July $3.98½ on 23 July (yesterday)   After closing higher 4 out of 5 days, September corn has closed lower 3 consecutive days: 4¾¢, then 4½ ¢, then ¾¢ yesterday, a total of 10¢ in 3 days. The technical tool, Average Directional Index  (ADX), measures the strength of the trend, not its direction. A rising ADX suggests a strong trend, while a falling ADX indicates a weakening trend or

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 and fertilizer 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 ord

Tidbits August CBOT options expire  Friday.   Historical data suggests that poor corn pollination due to heat or drought could result in yield losses ranging from 1.5 bushels per acre per day of extreme heat (95+°F) during pollination which is approximately 0.8-1% per day based on a 182 bushels/acre trend yield. President Trump on Tuesday said the U.S. and Japan  have struck a deal that will lower the hefty tariffs he had threatened to impose on goods from Japan while extract

Tidbits Those of you who must deliver corn and beans this fall , if you have not already assessed production in your area versus normal production compared to the fall delivery basis being offered now, get with it. Normally, fall delivery basis needs to be set very late July or the first week of August. The S&P 500 and Nasdaq stock indexes  closed at record highs  yesterday, as optimism over strong corporate earnings outweighed ongoing trade tensions. It is very discouraging

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled on Friday at 44,342, -30 points for the week. Crude oil  settled at $67.3, -1.45. Dollar Index  settled at 98.46, +0.59. Baltic Dry Index  (a shipping freight-cost index)  settled at 2,052, +389. Corn September futures  settled at $4.08½, +12½¢ for the week. December futures settled at $4.27¾, +15½¢ for the week. Basis   (U = September; 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), fuel and fertilizer 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, check it to have the general idea. Refer to our daily mailing on that day or this post  on the website. We provide thre

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled on Friday at 44,373, -456 points for the week. Crude oil  settled at $68.75, +2.25. Dollar Index  settled at 97.87, +0.88. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,663, +227. Corn September futures  settled at $3.96, -24¼¢ for the week. December futures settled at $4.12¼, -20½¢ for the week. Basis   (U = September; e.g. 1

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 and fertilizer 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 ord

Tidbits The number of predicted rain days for the Corn Belt were up again yesterday morning and most of Western Iowa received ½ to 1½ inches (12-38 mm) of rain yesterday. When it rains in Iowa in July, corn and bean prices will decline. Furthermore, CBOT prices typically decline until 1 to 2 days before a major USDA report and then recover a modest amount the day or two before the report. The July USDA S&D will be issued Friday.   Yesterday morning, the USDA announced the sal

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled on Friday at 44,829, +1,009 points for the week. Crude oil  settled at $66.5, +1.43. Dollar Index  settled at 96.99, -0.26. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,436, -85. Corn September futures  settled at $4.20¼, +8¾¢ for the week. Then -17¢ on Monday December futures settled at $4.32¾, +5¾¢ for the week. Basis   (U

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 and fertilizer 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 ord

Tidbits The U.S. Senate passed its version of the One Big Beautiful Bill Act , a ten-year fiscal package which would serve as the vehicle for fulfilling President Donald Trump’s campaign promises on tax cuts and border security. Vice-President Vance cast the tie-breaking vote after all Democrat and three Republican senators voted “No” on the measure: Sens. Rand Paul, Thom Tillis, and Susan Collins. The bill will now go back to the House of Representatives, which will accept o

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled on Friday at 43,819, +1,612 points for the week. Crude oil  settled at $65.07, -8.97. Dollar Index  settled at 97.25, -1.52. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,521, -168. Corn July futures  settled at $4.17½, -11¼¢ for the week. December futures settled at $4.27, -14¼¢ for the week. Basis   (N = July; e.g. 10N means

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 and fertilizer 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 ord

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled on Friday at 42,207, +9 points for the week. Crude oil  settled at $74.04, +0.86. It traded as low as $66.60 on Monday and closed at $68.51. Dollar Index  settled at 98.77, +0.63. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,689, -279. Corn July futures  settled at $4.28¾, -15¾¢ for the week. Then -11¢ on Monday. December fut

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 and fertilizer 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 ord

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled at 42,198, -565 points for the week. Crude oil  settled at $73.18, +8.41. Dollar Index  settled at 98.14, -1.06. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,968, +335. Corn July futures  at $4.44½, +2¢ for the week. December futures at $4.43, -6¼¢ for the week. Basis   (N = July; e.g. 10N means 10¢ over July futures) (Future

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 and fertilizer 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 ord

Tidbits Former Minnesota farmer, now Brazil’s 25-year experienced agricultural consultant, Kory Melby, posted on X yesterday afternoon: “I think today's corn market action will reverse quickly in the coming days as the models revert back to old forecasts. I think today was a counter trend move fake out.” Cash soybean export trader, Eduardo Vanin, with AgrInvest Commodities in Brazil reported yesterday soybeans from Brazil net cost  to China for September shipment was 215¢ ove