Corn
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 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 firmed last week but remains weak. Last week’s calculation came in at 34.5 cents under December futures (solid green line). as compared to the previous week’s [...]
The soybean national average basis market remains neutral-to-weak. Last week’s calculation came in at 61.25 cents under the January 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 63.0 cents under December futures (solid green line) as compared to the previous week’s 63.75 [...]
SRW wheat national average basis continues its seasonal firming but remains weak. Last week’s calculation came in at 64.0 cents under December futures (solid green line) as compared to the [...]
The HRS wheat basis market is neutral-to-weak but continues to see its seasonal firming. Last week’s calculation came in near 32.25 cents under December futures (solid green line) as compared [...]
Cash trade developed early last week in the south, reported at $218, down approximately $7 from the week before. December futures closed Friday at $214.06, down $6.90 for the week [...]
Afternoon Summary: I closed last Friday’s Afternoon Commentary by looking through the windshield and seeing this, “Money is flowing out of equities and into Treasuries as a safe-haven…ahead of next [...]
Net Positions as of Tuesday, November 03 (Legacy, Futures Only) Corn: Net-long 137,595 contracts (a decrease of 63,677 contracts) HRW Wheat: Net-short 8,176 contracts (an increase of 3,315 contracts) Soybeans: [...]
Week 10 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 [...]
Sharp selloffs in US grain prices continue to generate seasonal export sales. USDA announced export sales Friday morning: 101,000 mt of 2026-27 corn to unknown destinations 136,000 mt of 2026-27 [...]
Morning Summary: I like the 1983 Eddie Murphy/Dan Akroyd/Jamie Lee Curtis movie Trading Places for a number of reasons. The movie makes a couple good points about commodity trading: The [...]
Afternoon Summary: I shouldn’t have, but I laughed often while watching US stock indexes Thursday. I know there are some Main Street investors who are likely losing a large part [...]
The latest weekly export sales and shipment update showed 2026-2027 marketing year export shipments of U.S. Corn at 438 mb (blue column) through Thursday, October 29, a point in the [...]
The latest weekly export sales and shipment update showed 2026-2027 marketing year export shipments of U.S. soybeans at 442 mb (blue column) through Thursday, October 29, a point in the [...]
The latest weekly export sales and shipment update showed 2026-2027 marketing year export shipments of U.S. soybean meal at 1,462.70 (1,000 st) (blue column) through Thursday, October 29, a point [...]
The latest weekly export sales and shipment update showed 2026-2027 marketing year export shipments of U.S. soybean oil at 8.5 (1,000 mt) (blue column) through Thursday, October 29, a point [...]
The latest weekly export sales and shipment update showed 2026-2027 marketing year export shipments of U.S. upland cotton at 2,164.1 (1,000 running bales) (blue column) through Thursday, October 29, a [...]
The latest weekly export sales and shipment update showed 2026-2027 marketing year export shipments of U.S. sorghum at 2 mb (blue column) through Thursday, October 29, a point in the [...]
The latest weekly export sales and shipment update showed 2026-2027 marketing year export shipments of all U.S. Wheat at 287 mb (blue column) through Thursday, October 29, a point in [...]
The latest weekly export sales and shipment update showed 2026 calendar-year export shipments of U.S. beef at 548.0 1,000 MT (blue column) through Thursday, October 29, a point in the [...]