Fundamentally Speaking

U.S. soybean sales and shipments as of the fourth week of October as a percent of the USDA's October WASDE export projection vs. the percent change in U.S. soybean exports from that October report to the final WASDE projection for the year going back to 2000.

U.S. soybean sales and shipments as of the fourth week of October as a percent of the USDA's October WASDE export projection vs. the percent change in U.S. soybean exports from that October report to the final WASDE projection for the year going back to 2000.

Last month was tough for the grain and oilseed market bulls as the spot contracts for corn, soybeans, wheat, soybean meal and soybean oil all fell in October.

2026 corn/soybean yield ratio along with the 15- and 25-year yield ratio averages for the top 15 states producing both along with the U.S. figures vs. the 25-year capitalized annual growth rate (CAGR) for both corn and soybean yields.

Predicted percent deviation from trend based on the regression between 25 years' worth of week 39 ratings and percent deviation figures from the 25-year trend vs. the USDA Sep yield estimate, the 25-year trend yield and the week 39 predicted yield based on the percent...

Along these lines, this chart shows the 2026, 2025 and 25-year average for the week 38 soybean condition report for the top soybean states and the U.S. vs. the percent that this year's week 38 rating differs from the 25 year average.

Combined July and August precipitation as a percent of the average 1895-2025 totals for the top corn and soybean growing states and the U.S. vs. the difference from the average July-August temperatures.

This year's week 34 rating and the 25-year average for the top soybean producing states and the U.S. and the change in the 2026-week 34 rating vs. the rating one month ago and the week 34 2025 rating.

This year's week 33 rating and the 25-year average vs. the change in the 2026 week 33 rating vs. the rating one month ago and the week 33 2025 rating.

Percent deviation from the 25-year trend for the USDA's August 2026 yield calculations for the top corn and soybean states and the U.S.

Percent the U.S. winter wheat yield deviates from the 25-year trend vs. U.S. winter wheat crop ratings.

Net fund position in corn with both futures and options vs. the price of spot corn in dollars per bushel.

U.S. export sales and shipments as of the first week in March as a percent of the USDA's March WASDE estimate vs. new crop sales also as of the first week in March as a percent of the USDA Ag Outlook Forum estimates given in late February.

U.S. export sales and shipments as of the first week in March as a percent of the USDA's March WASDE estimate vs. new crop sales also as of the first week in March as a percent of the USDA Ag Outlook Forum estimates given in late February.

U.S. wheat export sales and shipments as of the third week in February as a percentage of the February USDA export projection along with those sales as a percentage of the final export figure vs. the percent change in U.S. wheat exports from the February WASDE projection...

U.S. soybean shipments are the second slowest they've been in 25 years, but politics eventually will dictate what happens going forward.

Percent change in U.S. corn area & percent change in harvested area vs. harvested/planted ratio

U.S. corn stocks-to-use ratio in the September WASDE report and then the January WASDE report vs. percent change in March corn futures from September 15 to January 15.

Percent that the 2023, 2024, and 2025 corn yields from the top 18 states and the U.S. deviated from the rolling 25-year trend for that particular season

Grain prices fell for the third year in a row, while the soybean complex eked out small gains on short-lived China hoopla.