BASIC & RECENT MARKET INFO

Tidbits Reuters Karen Braun reported Monday’s U.S. wheat inspections  for export were a 12-week high at 404,000 mts. Wheat inspections since June 1, the beginning of the wheat marketing year, are up 27.2% on the year. The bulk of last week's export inspections occurred in the PNW ports were for Asia-bound cargoes, but none to China.   Reuters also reported Russia’s Exporters  and Producers Union sees total grain exports at 45 million mts, with 40 million of it being wheat. So

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled at 42,840, -987.80 points for the week. Crude oil  settled at $69.58, -1.51. Dollar Index  settled at 107.81, +0.87. Baltic Dry Index  (a shipping freight-cost index)  settled at 990, -61 for the week. Corn March futures  at $4.46¼, +4¼¢ for the week. Basis   (H = March; e.g. 10H means 10¢ over March futures) (Futures price + Basis = Cash price

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. Explanation of our approach: https://www.wrightonthemarket.com/post/how-to-decide-when-to-price-grain Corn Corn  situation after the close Tuesday, December 17 , 2024: March corn settled yesterday at $4.43½, -5½¢ since last Tuesday.

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled at 43,828, -814.46 points for the week. Crude oil  settled at $71.09, +3.92. Dollar Index  settled at 106.94, +0.97. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,051, -116 for the week. Corn March futures  at $4.42, +2¢ for the week. Basis   (H = March; e.g. 10H means 10¢ over March futures) (Futures price + Basis = Cash pric

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. Explanation of our approach: https://www.wrightonthemarket.com/post/how-to-decide-when-to-price-grain Corn Corn  situation after the close Tuesday, December 10 , 2024: March corn settled yesterday at $4.49, +16¾¢ since last Tuesday.

Tidbits Today at 10 AM Mountain Time, the USDA will issue its December S&D . If the U.S. corn carryover is reduced by 75 million bushels, which is possible to probable, the carryover will be reduced by 2 days for the second consecutive month and 6 days since September.    Market advisor Kevin Duling summarized his lengthy Monday market analysis this way: “Despite how things feel, from a fundamental standpoint, things are on pace. Exports have been amazing across the board on

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled at 44,643, -139.48 points for the week. Crude oil  settled at $67.17, -1.63. Dollar Index  settled at 105.97, -0.25. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,167, -131 for the week. Corn March futures  at $4.40, +7½¢ for the week. Basis   (H = March; e.g. 10H means 10¢ over March futures) (Futures price + Basis = Cash pri

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. Explanation of our approach: https://www.wrightonthemarket.com/post/how-to-decide-when-to-price-grain Corn Corn  situation after the close Tuesday, December 2 , 2024: March corn settled yesterday at $4.32¼, +4¼¢ since last Tuesday.

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled at 44,782, +485.49 points for the week. Crude oil  settled at $68.8, -2.38. Dollar Index  settled at 106.22, -1.27. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,298, -239 for the week. Corn March futures  at $4.32½, -2¾¢ for the week. Basis   (H = March; e.g. 10H means 10¢ over March futures) (Futures price + Basis = Cash pri

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. Explanation of our approach: https://www.wrightonthemarket.com/post/how-to-decide-when-to-price-grain Corn Corn  situation after the close Tuesday, November 26 , 2024: December corn settled yesterday at $4.20¾, -6½¢ since last Tuesd

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled at 44,297, +851.52 points for the week. Crude oil  settled at $71.18, +4.23. Dollar Index  settled at 107.49, +0.82. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,537, -248 for the week. Corn December futures  at $4.25½, +1½¢ for the week. Basis   (Z = Dec; e.g. 10Z means 10¢ over December futures) (Futures price + Basis = Cas

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. Explanation of our approach: https://www.wrightonthemarket.com/post/how-to-decide-when-to-price-grain Market outlook after the close Tuesday, November 19 , 2024. Corn December corn settled yesterday at $4.27¼, -1¼¢ since last Tuesda

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled at 43,445, -544.00 points for the week. Crude oil  settled at $66.95, -3.48. Dollar Index  settled at 106.67, +1.72. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,785, +290 for the week. Corn December futures  at $4.24, -7¢ for the week. Basis   (Z = Dec; e.g. 10Z means 10¢ over December futures) (Futures price + Basis = Cash

Highlights This news report was what kicked soybeans in the head late yesterday morning: a bill to revoke China's (most favored) trade status has been introduced in the US Congress. The author is Republican John Moolenaar (Michigan), chairman of the lower house's China Committee. The document proposes  increasing tariffs: 35% strategic goods 100% non-strategic goods   Republicans control the lower house. The new document will become the basis for Trump's tariff policy. In res

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. Explanation of our approach: https://www.wrightonthemarket.com/post/how-to-decide-when-to-price-grain We will post Bullish Consensus on Thursday's daily report. Corn Corn  situation after the close Tuesday, November 12 , 2024: Decem

Highlights Yesterday, a stronger dollar (six month high), fear of Trump tariffs, improving weather in Eastern Europe, Western Europe, South America, and in the U.S. winter wheat area all combined to encourage profit talking and then technical selling kicked-in.       Wheat market  guru, Andrey Sizov had this to say about the wheat market yesterday: "Over the weekend, Kansas received 20-40 mm (25.4 mm = 1 inch)  of precipitation, offsetting the moisture deficit accumulated ove

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled at 43,989, +1,936.80 points for the week. Crude oil  settled at $70.43, +1.10. Dollar Index  settled at 104.95, +0.63. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,495, +117 for the week. Corn December futures  at $4.31, +16½¢ for the week. Basis   (Z = Dec; e.g. 10Z means 10¢ over December futures) (Futures price + Basis = C

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. Explanation of our approach: https://www.wrightonthemarket.com/post/how-to-decide-when-to-price-grain Corn Corn  situation after the close  Tuesday, November 5 , 2024: December corn settled yesterday at $4.18½, +4¾¢ since last Tuesd

Highlights Today, the CBOT will assign 440 contracts of soybeans for delivery tomorrow on the November futures. One or more customers of J.P. Morgan issued all of them. The oldest long November futures position is 18 October 2024. One of J.P. Morgan’s futures trading clients is rumored to be Cargill.    A customer of ADM Investor Services will be assigned (stopped) 333 of the contracts and the rest (107) were assigned to a customer of J.P. Morgan.   Rough rice contracts zero

It's our weekly US grain market prices analysis and outlook for corn, soybeans and wheat. Dow Jones  Industrial Average Index settled at 42,052, -62.21 points for the week. Crude oil  settled at $69.33, -2.36. Dollar Index  settled at 104.32, steady. Baltic Dry Index  (a shipping freight-cost index)  settled at 1,378, -32 for the week. Corn December futures  at $4.14½, -¾¢ for the week. Basis   (Z = Dec; e.g. 10Z means 10¢ over December futures) (Futures price + Basis = Cash