Morning Update

The Russian winter wheat area is likely to be reduced. This morning we have a firm wheat market while soybeans and corn softened a bit. In the outside markets several of them are seeing profit-taking from their massive early week strength in the metals. Today would’ve been the October 9 WASDE Crop Production report but…

Morning Update

Again, the big grain crop is not holding row crop prices down. The grain trade is firmer again this morning after an initially softer night session, as sellers cannot seem to get leverage much anymore. It’s unusual to see U.S. basis values strengthening right in the middle of harvest, when grain stocks are typically flush….

Morning Update

Big grain crop with active harvesting is not making it to the buyers as cheaply as they would wish. Overnight trade was mixed, with grains finding some selling pressure while soybeans posted slight gains. However, all contracts are firming as the session closed. Fresh market-moving news remains limited, with the bulk of attention centered on…

Morning Update

Grains overcome early Sunday night weakness. Markets are starting the day broadly higher, with strength across the ag sector and energies and sharp gains in the U.S. dollar. Gold is leading headlines with a $60 rally overnight, setting new all-time highs in early trade. Tech stocks are also posting strong gains, fueled by overnight developments…

Morning Update

Corn and beans face an open harvest weekend. A mixed grain trade at the end of the night session, with wheat holding 2-cent gains on Saudi Arabia’s wheat tender. There is now starting to become a shift in market attitude as harvest advances, and more yield data comes in. The only thing consistent with this…

Morning Update

“Substantial” aid for US farmers to be announced next Tuesday. This morning’s grain trade is mixed with wheat firmer, corn steady, and soybeans slightly softer. Grains are consolidating their bounce from yesterday after Pres. Trump said he will be meeting with China’s president Xi at the end of October and will make soybean purchases a…

Morning Update

Grain prices continue to retreat after yesterday’s stocks data and government closure. Corn, soybeans, and wheat futures were under pressure throughout the overnight session, extending the weakness into this morning’s night session close. The lack of follow-through buying interest has kept a bearish tone in place, and the overnight shutdown of the U.S. government only…

USDA Report

USDA WASDE Grain Stocks Report 9/30/25 Soybeans were friendly to pre report estimates as opposed to corn/wheat stocks both being negative. All classes of wheat productions were increased creating the bearish carryout.

Morning Update

Grain Stocks at 11:00 a.m. CT today. This morning, the marketplace has a universal risk off tone touching nearly every sector. The pressure is driven by a combination of factors, including the final day of the month and quarter, which often brings increased positioning and portfolio adjustments. However, the dominant concern across the market today…

Morning Update

Grains soften to start the week. A softer trade greets the start of the week with active harvest taking place, along with a USDA stocks report due Tuesday morning at 11:00 a.m. Expectations on the estimates are looking for a neutral quarterly stocks report but there’s always a prospect the USDA could increase last year’s…