Weekly Summary & Recommendations 8/19/26
- Wright team
- 2 minutes ago
- 9 min read
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), also for inputs like fuel and fertilizer for past week Wednesday to Tuesday. Read about our approach to this report.
We provide three different marketing plans (in order of decreasing our preference). The marketing decision is yours to make, obviously you can mix those plans, change the sales size or add extra sales. Every operation and its capabilities are unique and we are making universal pricing recommendations. We place the exact price and timing as a reference when we see a good opportunity. Plan A is one sale at a possible high, with likely buying put options later. Plan RM is risk management with options backup. Plan C is split sales, four times during the year.
Lock basis and futures separately as a main rule, here is an explanation. If you need cash flow but want to be in the market, do a basis contract, or sell cash & establish a futures/options position. HTA allows you to lock the futures while leaving the basis open. You can read our Grain Marketing FAQ covering the basic principles.
We will introduce risk-management plans to our weekly Summary & Recommendations reports, that we issue each Wednesday, so you are able to follow that marketing strategy on a regular basis. We will also remove plan B, which was a split sales plan for the seasonally high period, as we thought it is quite close to the year-round split sales plan and, therefore, it feels excessive. The risk management plan will help you practice options and provide a way to reduce undesired price exposure.
Corn
Corn marketing situation after the close Tuesday, August 18, 2026:
December corn (ZCZ26) settled yesterday at $4.88, +27½¢ since last Tuesday.
December contract high is $5.06½ (May 13, 2026) and the contract low is $4.25¾ (Jun 30, 2026).
USDA’s 2025/26 crop carryout in terms of days’ use: U.S. 43, world 82.
USDA’s 2026/27 crop carryout in terms of days’ use: U.S. 37, world 76.
Pricing factors
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