Cotton
Theoretical Positions Hedgers: Remaining 2026 production could’ve been sold near the recent weekly close of 86.33 based on both trend and seasonal analysis (see below). Investors could’ve sold the December [...]
Theoretical Positions Hedgers: Remaining 2026 production could’ve been sold near the recent weekly close of 86.33 based on both trend and seasonal analysis (see below). Investors could’ve sold the December [...]
Theoretical Positions Producers Cash sales were made during the previous uptrend due to high price distribution Based on seasonal, price distribution, volatility, and long-term technical analysis: December $5.00 calls could’ve [...]
Theoretical Positions End Users Cash needs for the 2026-2027 marketing year (September 2026 through August 2027) might’ve been covered when the National Corn Index posted a new 4-week high weekly [...]
Corn national average basis remains weak. Last week’s calculation came in at 40.0 cents under December futures (solid green line). as compared to the previous week’s figure of 41.0 cents [...]
The soybean national average basis market remains neutral. Last week’s calculation came in at 55.75 cents under the November contract (solid green line) as compared to the previous week’s figure [...]
The HRW wheat national average basis market remains neutral-to-weak. Last week’s calculation came in at 66.5 cents under December futures (solid green line) as compared to the previous week’s 67.0 [...]
SRW wheat national average basis remains neutral. Last week’s calculation came in at 69.25 cents under December futures (solid green line) as compared to the previous week’s 71.0 cents under [...]
The HRS wheat basis market is neutral-to-weak. Last week’s calculation came in near 51.5 cents under December futures (solid green line) as compared to the previous week’s 59.25 cents under [...]
The Live Cattle national average basis market is strong. Cash was reported Friday afternoon at $226, unchanged from the previous week. October futures closed Friday at $218.85, down $0.025 for [...]
Afternoon Summary: I understand if you are checking out early Friday afternoon. From what I can tell it is a beautiful fall day across much of the US, and frankly, [...]
Net Positions as of Tuesday, September 29 (Legacy, Futures Only) Corn: Net-long 509,501 contracts (a decrease of 26,300 contracts) HRW Wheat: Net-long 20,964 contracts (a decrease of 5,526 contracts) Soybeans: [...]
Week 5 of the 26-week (6-month) tracking period for the 2027 edition of the November soybean/December corn futures spread is in the books. Those of you who have been with [...]
The first weekly close of October 2026 is in the books, meaning the first days of calculating the fall US government insurance prices have been completed. As of the close [...]
You can watch this week's edition of Nebraska Public Media's Market Journal, including my post-Keno game discussion with host Bryce Doeschot here: (LINK)
USDA announced sales of 218,600 mt of Corn to Mexico 173,800 mt for 2026-27 22,400 mt for 2027-28 22,400 mt for 2028-29 This is likely what lifted the corn market [...]
Morning Summary: The mistake I made pre-dawn Friday was turning to financial news for an update on overnight headlines. I’m old enough to know better. In fact I’m so old, [...]
The August 2026 Oilseed Crushings report from USDA/NASS was released on Thursday, September 1. 210 mb (6.29 million tons) of soybeans were reportedly crushed during August (31 days) as compared [...]
Afternoon Summary: If nothing else., this first day of October saw a return to normal for a number of markets in the commodity complex. After posting a bullish September, the [...]
The latest weekly export sales and shipment update showed 2026-2027 marketing year export shipments of U.S. Corn at 228 mb (blue column) through Thursday, September 24, a point in the [...]
The latest weekly export sales and shipment update showed 2026-2027 marketing year export shipments of U.S. soybeans at 94 mb (blue column) through Thursday, September 24, a point in the [...]
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. soybean meal at 18,687.57 (1,000 st) (blue column) through Thursday, September 24, a point [...]
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. soybean oil at 365.7 (1,000 mt) (blue column) through Thursday, September 24, a point [...]