Fundamentally Speaking

There is an inverse relationship with high prices resulting in lower corn fed per GCAU and vice-versa with the formula explaining about 70% of the variability seen in corn feed use.

U.S. corn and soybean stocks-to-use ratios seen in the December WASDE report from the 1990-91 season to the figures furnished last week

Total world vegetable oil stocks-to-use ratio since the 1983/84 season, global stocks-to-use ratio of palm, soybean, rapeseed, sunflower oils along with the stocks-to-use ratio of just U.S. soybean oil

Wheat was the weakest member of the CME ag complex in November and winter wheat is entering dormancy in about the worst shape ever for U.S. winter wheat.

Five, ten and 20-year seasonality of the soybean crush margin as a percent of the annual average vs. the 2022 soybean crush seasonality through November 28.

22-year capitalized annual growth rate (GAGR) for planted area and production vs. the 2000-2022 trend yield increase for the top 18 winter wheat growing states and the U.S.

New crop November soybean/December corn ratio the day before Thanksgiving vs. the change in both corn and soybean acreage from the final planted figure the prior year to the following March planting intentions figure

The world, world less China and large exporter corn ending stocks vs. the world, world less China and large exporter corn stocks-to-use ratio.

October Palmer Drought Severity Index (PDSI) and the rank of that Oct 2022 PDSI from 1895-2022

Change for both the national corn and soybean yield from the November to the final report given in January from 1970 to 2021

First USDA fall crop rating for the U.S. winter wheat crop

Brazil's combined corn and soybean harvested area has increased 143% while that of the world less Brazil has only advanced by 85%

U.S. soybean export sales and shipments as of the 2nd week in October vs. as a percent of USDA October WASDE export projection

U.S. corn export sales and shipments as of the 2nd week in October vs. as a percent of USDA October WASDE export projection

Cumulative percent the High Plains and Midwest areas of the U.S. are covered by drought.

USDA yield revisions for U.S. corn and soybeans from the October to final production report given in January

U.S. total wheat production in billion bushels vs. the total U.S. wheat harvested to planted ratio and percent that the final yield was of the 25-year trend

Correlation coefficients between grain and soycomplex values vs change in the U.S. dollar index over various time periods

Percent deviation from the 25-year trend for the top global producers and the world as a whole

Combined percent of state in D1 to D4 drought around third week of September for 2022 and 2021 vs 2022 rank from period 2000 to 2022 for the top corn and soybean states