Todd Hultman

A little cooling off does wonders for clearing the mind, but the dust has yet to settle on where corn prices belong.

What to expect from the World Agricultural Supply and Demand Estimates, which will be released on Monday, Aug. 12, at 11 a.m. CDT.

This week's selling in soybeans and wheat is understandable, but the jury is still out on corn.

Just over a year ago, cotton prices were high and enticing ... a lot has changed since then.

September Chicago wheat closed up 10 1/2 cents Wednesday, finding some support from a second heat wave in western Europe after prices tested their 100-day average on Tuesday. November soybeans were up 4 1/2 cents and...

December corn gained back 4 3/4 cents Tuesday, staying within the same sideways trading range for well over a month as traders continue to guess the size of this year's new crop. November soybeans were down 2 cents and...

December corn dropped 9 cents Monday, barely avoiding the double-digit losses seen in soybeans and winter wheat as the latest seven-day forecast expects mild summer temperatures across much of the Midwest. The September U.S...

November soybeans closed up 20 1/4 cents as hot temperatures covered the Midwest and northeastern U.S. on Friday. December corn was up 6 cents and all three wheats finished higher, generating some short-covering after a...

Brazil Set to Benefit From US Corn Woes

Normally considered a speculative bet, buying a corn call can also be used to manage risk. Here are the pros and cons in this year's unique corn market.

September Chicago wheat dropped 12 cents and September KC wheat was down 9 cents, both pressured by the progress of the winter wheat harvest and by corn's third lower performance this week. November soybeans were quieter...

November soybeans closed down 5 1/2 cents Wednesday in spite of row crops in the central Midwest facing four days of extremely high temperatures before more moderate summer weather returns early next week. September KC...

August hogs are trading up $1.30 early Wednesday as prices continue to show support after setting lows in June. Cattle and feeder prices are lower, not showing any concern about four days of extreme heat in the central and...

December corn closed down 5 3/4 cents and November soybeans were down 14 cents, pressured by lower temperatures in the forecast after this weekend. All three U.S. wheats posted minor losses on light volume.

August feeder cattle are starting modestly higher with help from a second day of lower corn prices. Live cattle and slightly lower and hogs are modestly higher. Outside markets lean are mostly quiet and mixed early Friday. Dow...

Active futures contracts of corn, soybeans and the three U.S. wheats all posted double-digit losses, pressured by more rain in Monday's seven-day forecast. It isn't so much that the expected rains will be so helpful to crops as it...

Skepticism over Thursday's higher corn ending stocks estimate from USDA grew bolder Friday with a hot and dry forecast for the central U.S. added to the mix. December corn closed up 11 1/4 cents, November soybeans were up 14 1/4...

Thursday's WASDE report saw USDA's estimate of world wheat production trimmed by 344 million bushels. Don't be alarmed -- there is still plenty to eat.

December corn closed up 8 1/2 cents Thursday as the market ignored USDA's higher ending stocks estimate based on a suspicious estimate of 91.7 million acres of corn plantings. All three U.S. wheats posted double-digit gains after...

November soybeans closed up 8 1/2 cents, its third consecutive gain ahead of Thursday's WASDE report. December corn was up 2 1/4 cents and all three U.S. wheats posted small gains after a quiet day of trading.

What to expect from the World Agricultural Supply and Demand Estimates, which will be released on Thursday, July 11, at 11 a.m. CDT.

November soybeans closed up 6 1/2 cents and December corn was down 6 1/2 cents Tuesday, in line with how Thursday's WASDE estimates will look if USDA's June 28 planting estimates are used. All three U.S. wheats were also lower...

Back into a full workweek Monday, row-crop prices were a little higher with December corn up 1 1/2 cents and November soybeans up 3 1/4 cents. All three U.S. wheats ended lower, similar to a drop of nearly 1% for French wheat.

December corn closed up 15 1/4 cents Wednesday, even though trading volume was lighter ahead of the Fourth of July holiday, as Friday's planting estimates from USDA continue to be debated. November soybeans were up a dime and...

U.S. exports of ethanol totaled 99.6 million gallons in May, down from 150.2 million in April, but up 9% from a year ago, USDA reported on Wednesday. U.S. exports of distillers grains totaled 1,002,031 mt in May, up from 917,836 mt in...

November soybeans were down 9 3/4 cents and September KC wheat was down 11 1/2 cents Tuesday as the early theme remains bearish for this week's trade in grains and oilseeds. December corn ended up 3 1/2 cents after losing 28...

Friday's corn planting estimate from USDA showed poor method and was a disservice to the U.S. ag community.

One trading day after USDA increased its corn planting estimate to 91.7 million acres, corn, soybeans and all three wheats closed lower, also pressured by better crop weather in the forecast. The September U.S. dollar traded higher...

December corn fell 19 1/2 cents Friday after USDA estimated corn plantings at a much-larger-than-expected 91.7 million acres. November soybeans ended up over a dime after USDA handed soybeans their lowest planting estimate since...

December corn closed down 3 1/2 cents and November soybeans were down 6 cents, both trading lower volume Thursday ahead of Friday morning's Acreage and June 1 Grain Stocks reports from USDA. European wheat ended slightly...

After experiencing a planting season unlike any other, the world waits as USDA is set to release its best-effort estimates of corn and soybean acres in 2019. At the same time, June 1 U.S. stocks of corn, soybeans and wheat will...

September Chicago wheat closed up 6 1/2 cents at $5.46 1/2 Wednesday, another reminder of how poorly the SRW wheat crop fared through this year's wet weather. Meanwhile, December corn and November soybeans both closed lower...

December corn is down 3 1/4 cents, November soybeans are down 3 1/4 cents and September KC wheat is down 4 cents.

November soybeans dropped 6 1/4 cents Tuesday, in spite of low crop ratings from USDA as traders look ahead to what else USDA might say in Friday's reports. December corn edged higher and September contracts of wheat were mixed.

September contracts of winter wheat finished with double-digit gains Monday, helped by the anticipation of hot temperatures in Europe this week. July contracts of corn and soybeans were also higher Monday with rain falling in the...

July corn dropped 7 3/4 cents, July soybeans were down 12 3/4 cents and all three wheats were lower with drier weather and higher temperatures expected to help row-crop conditions, starting next week. The September U.S. dollar...

The U.S. dollar index has been rising for over a year, but that may be about to change as outside markets are starting to look more supportive for grain prices.

July contracts of corn, soybeans and U.S. winter wheat posted higher closes Thursday after the National Oceanic and Atmospheric Administration (NOAA) issued a cool, wet forecast for July. August gold is up $45.20 and August...

July contracts of corn, soybeans and all three U.S. wheats traded lower Wednesday, falling back from recent highs after generous rallies. The September U.S. dollar index is trading lower, but was no help to Wednesday's grain prices...

July soybeans closed up 16 cents Monday, coming off a wet weekend in the eastern Midwest and facing another wet seven-day forecast in June. After a higher start Sunday, corn finished modestly higher; U.S. wheat prices were mixed.

July corn was up 8 1/4 cents, July soybeans were up 13 3/4 cents and July Kansas City wheat was up 9 3/4 cents.

July corn closed up 11 cents Friday as the market bid front-month corn prices higher a second day. July contracts of soybeans and winter wheat were also higher on the day, facing adverse weather ahead, while spring wheat ended...

Shrinking corn supplies and expanding soybean supplies in 2019 are setting up a bearish scenario for corn in 2020.

With perpetual rain in the seven-day forecast, July contracts of corn, soybeans and all three wheats closed higher Thursday, expressing ongoing concerns about row-crop planting, crop conditions and the impending wheat harvest.

July soybeans closed up 18 3/4 cents and led most grains to a higher close with help from talk that USDA's crop estimate may be due for a haircut in July. July Chicago wheat was up 8 1/4 cents with ongoing concerns about too...

Although many questions are up in the air regarding planting, the June 11 WASDE report is unlikely to provide many answers.

There is no good way to estimate U.S. corn production just yet, but this is a good time to consider other important events happening around grain markets.

July corn is down 3 cents, July soybeans are down 5 1/4 cents and July KC wheat is down 5 cents.

July corn overcame a lower start Thursday to finish up 5 3/4 cents, even though the forecast is allowing for some improved planting opportunities. The largest percentage gains were in all three U.S. wheats after central Oklahoma...

July corn is down 1 1/4 cents, July soybeans are down 5 1/2 cents and July KC wheat is up 3 1/2 cents.

July corn and soybeans ended with double-digit losses amid ongoing talk of a new tariff on Mexico and while some planting activity is getting a chance in the Western Corn Belt. July KC wheat was Wednesday's largest percentage...

July corn is down 9 1/2 cents, July soybeans are down 6 1/4 cents and July KC wheat is down 16 3/4 cents.

One day after Monday's surprising rally in wheat, July contracts of all three wheat prices closed lower, completely erasing Monday's gain in the case of KC wheat. Corn and soybeans held on to small gains after USDA reported...

July contracts of all three wheats closed higher Monday, motivated by heavy unwelcome rain amounts in this week's forecast for HRW and SRW wheat areas. Row crops were lightly mixed with USDA's next planting progress estimates...

Generally, when I speak to audiences about markets, there is seldom a time that goes by when I don't mention the importance of paying attention to seasonal influence, especially for corn and soybeans. Not only has the seasonal...

July contracts of corn, soybeans and all three wheats closed lower Friday, the opposite direction of how they ended for the week. Bullish concerns about planting conditions eased Friday and took a backseat to news that President...

In an extremely difficult planting environment, I take a look at two possibilities of what this could mean for corn prices in 2019-20.

July corn is down 4 1/4 cents, July soybeans are down 2 3/4 cents and July KC wheat is down 4 1/2 cents.

Thursday's trade saw a resumption of higher prices throughout the grain sector, this time led by winter wheat as rain continues to be an unwelcome threat to crops in 2019. The persistent rally in corn took a toll on Thursday's...

Slow planting progress from Tuesday's Crop Progress report sent grain prices sharply higher early Wednesday, but by the end of the session corn and wheat finished lower, while the soy complex held positive gains.

One day back from a three-day weekend and traders found no more reason to be optimistic about row-crop planting than they did Friday. July contracts of corn, soybeans and all three wheats finished sharply higher, led by a 4.2...

July contracts of corn, soybeans and all three wheats closed higher Friday and were higher on the week as corn planting difficulties persist in 2019. Outside markets were also mostly supportive for grains with the June U.S. dollar...

Under the guise of providing aid to farmers, USDA is requiring farmers to produce more for unspecified amounts. Is that good public policy?