Morning Update

Corn is set to close steady to better on the week, while wheat and soybeans are lower. The grain trade is softer this morning, despite what would’ve been considered productive closes yesterday in corn and wheat, especially after wheat closed positively yesterday after the Rosario Grain Exchange raised its wheat estimate to 27.7 MMTs. This…

Morning Update

Grains find buying interest overnight. Corn, soybeans, and wheat traded higher overnight as selling interest remained limited. While fundamentals continue to offer support, recent sessions have struggled to attract consistent buying. Export demand, however, is showing signs of improvement. Multiple U.S. sales were reported yesterday, including flash sales and additional smaller deals. A weaker U.S….

Morning Update

Argentina cuts export tax by 2%, weighing on the morning grain trade. The morning grain trade is on the defensive after yesterday’s December WASDE report showed a friendly number on corn, by increasing exports by 125 million bu, and cutting ending stocks with that increase. Yet the weight of wheat and its 901 MMB carryout,…

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…

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…