BASIC & RECENT MARKET INFO

Tidbits Argentina's  Rosario Grain Exchange is warning that the country stands to lose significant corn and soybean meal export share to Vietnam in the wake of a U.S.-Vietnam trade deal.   In the area of Boa Esperança Do Norte, Mato Grosso  a record yield of safrinha corn was announced: 223 bushels/acre (233.16 60Kg-bags/hectare).    AgRural raised Brazil’s  corn production to 128.5 million mts (USDA 130), supporting medium-term supply. However, AgRural warns early planting i

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled at 42,763, +493 points for the week. Crude oil  settled at $64.77, +4.01. Dollar Index  settled at 99.2, -0.24. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,633, +215 for the week. Corn July futures  at $4.42½, -1½¢ for the week. December futures at $4.49¼, +10¾¢ for the week. Basis   (N = July; e.g. 10N means 10¢ over July f

Tidbits President Trump  said his senior administration officials will meet with their Chinese  counterparts in London for trade talks on June 9. Trump also confirmed that he and Xi agreed to visit each other once in China and again in the U.S.   China  has called for improving bilateral ties with Canada and is willing to work with Canadian officials to address each other’s concerns according to Chinese Premier Li Qiang.   The EU  agriculture commissioner has said the EU is o

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 42,270, +667 points for the week. Crude oil  settled at $60.76, -1.00. Dollar Index  settled at 99.44, +0.34. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,418, +78 for the week. Corn July futures  at $4.44, -15½¢ for the week. December futures at $4.38½, -12¼¢ for the week. Basis   (N = July; e.g. 10N means 10¢ over July 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. We provide three different marketing plans (in order

Tidbits Corn planting progress  is now at 87% vs 85% 5-year average. Corn crop conditions were rated at 68% good or excellent vs 75% this time last year. Soybean planting progress is now at 76% vs 68% 5-year average. Winter wheat сonditions were rated 50% good or excellent. Dr. Michael Cordonnier reduced his Argentine soybean forecast by 1.5 million mts to 48.5 million mts (USDA 49) due to flooding, while maintaining his Argentine corn estimate at 50 million mts (USDA 50), as

Tidbits The National Weather Service predicts the Eastern Corn Belt  will finally get some dry weather in the next two weeks. Perhaps all the corn will get planted in Indiana and Ohio after all. Tractors were in the West Central Ohio fields yesterday, but the soil is really too wet for a good crop growth. Compaction will be a problem in the Eastern Corn Belt. Aluísio Pancracio is the owner of Sastra Consultoria based in the municipality of Rio Verde, in the state of Goiás, Br

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