USDA Report
USDA WASDE Grain Stocks Report 12/9/25 Corn and soybeans are friendly to pre-report estimates, and the wheat numbers are slightly higher than the average guess. Corn is trying to become friendly after recent congestion.
-
-
Morning Update
The WASDE report is out at 11:00 a.m. CT today. Markets are seeing final positioning ahead of today’s WASDE update. No major changes are expected, as December reports typically limit adjustments to the demand side, with production left unchanged until January’s final numbers are released. Given the recent pickup in corn exports and China’s…
-
Morning Update
Soybeans recover from a sharp overnight tumble on another hoped-for Chinese flash sale. Grain futures are starting the week firm, while the soy complex came under pressure overnight. Weekend rains across South America weighed on soybeans, as did weakness in the broader energy complex. The firming of soybeans in the morning, recovering from a 10-cent…
-
Morning Update
Grains are consolidating yesterday’s gains heading into the weekend. Futures are trading mixed/steady this morning as a lack of fresh headlines continues to limit buying interest. While we did see a return of flash sales for corn yesterday, the continued absence of China from the daily announcements is weighing on sentiment. China did step…
-
Morning Update
Soybeans await Chinese Flash bean sales. Soybeans bounced overnight, but the lack of fresh news keeps trade mixed, with most of the current action focused on position adjustments rather than fresh directional conviction. One of the dominant storylines remains South American weather, where drought conditions are expanding and stressing key growing regions. Rain is in…
-
Wheat
Spec trade: Buy a March Chicago wheat at the market, 540.0 last with a 529 stop.
-
Morning Update
Corn and wheat softened from yesterday’s rally due to the Putin threat. This morning’s grain trade has corn and wheat drifting from yesterday’s explosive lift, after Pres. Putin, mid-morning, threatened retaliation against Ukrainian ports if a drone attacked another vessel carrying Russian oil. This has put some focus back on the potential Black Sea grain…
-
Market Quick Take
Guns A’ Blazing Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1142584043 Corn: Risk premium added after renewed Russia Ukraine tensionHit resistance at 452.25Seasonal buy signal active for March cornTargets 466 to 470 on next leg higher Soybeans: Stalled at 1141 areaPullback toward 1090 possible before next pushOil strong, meal correctiveUpside catalysts remain January report…
-
Morning Update
Soybean prices recover on hopes of Chinese flash sales. We have a broadly mixed market this morning with wheat losses around a nickel while soybeans gained a nickel. Corn obviously stuck in the middle. This back and forth trade has become routine and will only increase over the next few weeks. We are one week…
-
Morning Update
Grains falter overnight after a firm start. Futures kicked off post-Thanksgiving trade with a firm night session start and then quickly headed towards modest losses as traders await fresh headlines. Much of the day’s activity is catch-up from last week’s light holiday volume, with positioning expected to ramp up into month, quarter, and year-end. A major…