Turnaround Tuesday is softening the corn price. This morning’s grain trade is mostly lower, with corn turning softer after a four-day bounce, while beans are also starting to relax. Soybeans are finding support from a soybean meal market that continues to see the exodus of a massive index short position caught on the wrong side…
Does the PF Tour Matter? Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1111442124 Corn: Turnaround Tuesday closes firm despite USDA’s big yield report Support remains above last year’s lows, potential head and shoulders bottom forming Soybeans: Correcting lower as bean oil drops on renewable fuel rumors Wave counts suggest pullback before possible advance toward…
The Pro Farmer tour starts today Futures opened the week on the defensive, with grains and oilseeds posting moderate declines. Much of the pressure comes from correcting last week’s rally, with the soy complex taking the brunt of the losses. Support for soybeans comes from Friday’s stronger-than-expected NOPA crush report—July crush volumes reached a six-month…
December corn trades back above 400 overnight after this week’s large corn production number. This morning’s grain trade is higher, with December corn trading over 400 despite the USDA’s big, beautiful 16.742 billion bushel corn crop forecast. Demand is the focus, and the world stocks to use for corn is 9.2%. It’s not exactly comfy…
Cattle Blew A Gasket Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1110106473 Corn: Stability returned after USDA’s 188.8 bpa yield and 97.2 million acres estimate End-user buying interest supported prices near Tuesday’s lows Global corn stocks-to-use ratio at 9 percent could tighten further if Brazil or Ukraine face export issues Soybeans: Prices peaked near…
The grain trade relaxes from yesterday’s price rise. Profit-taking emerged in the overnight trade, which came as little surprise after yesterday’s strong rally. The soy complex in particular had logged two consecutive sessions of gains. Fundamentally, little has changed in the market since Tuesday’s WASDE release. U.S. weather remains less than ideal, with additional reports…
Soybeans continue their impressive price rise overnight. Soybeans are extending yesterday’s strong performance, corn is working on a rebound, and wheat is trading with mixed direction. The surprise cut to the U.S. soybean stocks-to-use ratio was the primary source of yesterday’s strength, as tighter new-crop inventories will require rationing. Any further production downgrade at this…
WASDE Aftershock Presented by Heartland Investor Capital Management Inc. CTA https://vimeo.com/1109461961 Corn: Record 188.8 yield with 2 million added acres to 97.2 million planted Production at 16.742 billion bushels, above expectations Heavy supply weighs on wheat via feed substitution Soybeans: Record 53.6 yield but acres down 2.9 million to 80.1 million harvested Production 4.292 billion,…
USDA WASDE Crop Acreage Report 7/11/25 Production and carryout on corn bearish increased yield and harvestable acreage, carryout number on soybeans bullish because of usage and lowered harvestable acreage.
WASDE August Crop production report out at 11:00 a.m. CT. This morning’s trade is driven mainly by final positioning ahead of today’s WASDE release. Expectations are for increases in both corn and soybean production, as well as higher ending stocks. From July’s estimate, corn output is projected to rise by about 300 million bushels, while…
