Feed Corn
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 [...]
Live Cattle
The Live Cattle national average basis market remains strong. Cash was reported Friday afternoon between $222 and $223, so I used $222.50, up $0.50 from the previous week. October futures [...]
CFTC Commitments of Traders
Net Positions as of Tuesday, September 01 (Legacy, Futures Only) Corn: Net-long 536,743 contracts (an increase of 95,828 contracts) HRW Wheat: Net-long 31,750 contracts (an increase of 9,605 contracts) Soybeans: [...]
It Had to Be
Afternoon Summary: We can close the books on this week’s trade, mostly, and head to the local watering hole to either relive or attempt to forget all that has happened. [...]
Nov Soybean/Dec Corn 2027: Week 1
The 6-month tracking period for the 2027 edition of the November soybean/December corn futures spread is under way. Those of you who have been with me a while will recall [...]
Export Sales Announcement
USDA announced sales of 250,600 mt of 2026-27 soybeans to unknown destinations.
August Jobs Report
Friday morning's Comic Relief has been released in the form of the August jobs numbers. Let's have some fun: The August number came in at 162,000 as compared to the [...]
October Cattle: Live and Feeder Weekly
Heading into Friday's session, Live Cattle and Feeder Cattle contracts are in position to complete bullish reversal patterns on their respective weekly charts. After closing last week near weekly lows, [...]
Good For a Laugh
Morning Summary: After a week like this one, and ahead of what is expected to be a volatile US 3-day holiday weekend, it’s good pre-dawn headlines can provide some comic [...]
The Wisdom of Gary and Bob
Afternoon Summary: As we reach the end of another Thirsty Thursday, it’s appropriate to quote my late friend and longtime CBOT floor reporter Gary Wilhelmi again. Gary told me many [...]
Export Sales Announcement
USDA announced sales of 192,000 mt of 2026-27 soybeans to China.
Corn Export Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. Corn at 3,349 mb (blue column) through Thursday, August 27, a point in the [...]
Soybean Export Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. soybeans at 1,498 mb (blue column) through Thursday, August 27, a point in the [...]
Soybean Meal Export Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. soybean meal at 17,369.71 (1,000 st) (blue column) through Thursday, August 27, a point [...]
Soybean Oil Export Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. soybean oil at 360.3 (1,000 mt) (blue column) through Thursday, August 27, a point [...]
Cotton Export Sales and Shipments
The latest weekly export sales and shipment update showed 2026-2027 marketing year export shipments of U.S. upland cotton at 733.0 (1,000 running bales) (blue column) through Thursday, August 27, a [...]
Sorghum Export Sales and Shipments
The latest weekly export sales and shipment update showed 2025-2026 marketing year export shipments of U.S. sorghum at 200 mb (blue column) through Thursday, August 27, a point in the [...]