Fundamentally Speaking

2024 soybean yield as given in the USDA's November crop production report as a percent of the 25-year trend vs. the 10, 20 and 30-year trend growth rate for soybeans.

Last fall and first spring wheat ratings vs. the change in U.S. winter wheat conditions from the first to the last fall ratings

U.S. corn yield vs. both the annual yield as a percent of the 25-year trend and the harvested/planted ratio acreage ratio.

Annual U.S. corn and soybean yield trends vs. the average soybean/corn price ratio received.

U.S. soybean export sales and shipments as of the first week of November vs. those figures as a percent of the November USDA export projection.

U.S. corn sold and shipped as of the first week of November as a percent of the November USDA export projection vs. percent of corn sold to China also as the first week of November and the percent change from the USDA's November export projection until the final...

Drought and heat from August to October 2024 led to lower U.S. corn and soybean yields, with the USDA cutting projections for both crops.

This graphic shows that the per bushel decline of 1.4 from the October to November report is the largest ever since USDA started reporting monthly soybean yield figures in 1965 and the third largest drop on a percentage basis next to 1993 and then 1984.

First fall winter wheat rating for the top 18 producing states and the U.S. for the both the 2024 and 2025 crops along with the 2000-2025 average vs. the rank of this year's initial winter wheat crop rating.

Crop ratings for the prior year's U.S. winter wheat crop as of week 26 vs. the following initial fall rating for new crop winter wheat.

U.S. wheat export sales and shipments as of the third week in October vs. as a percent of the USDA October WASDE projection

U.S. soybean export sales and shipments as of the second week in October vs. those figures as a percent of the October WASDE projection

U.S. corn export sales and shipments as of the second week in October vs. those figures as a percent of the October WASDE projection.

2023 and 2024 winter wheat yields for the top 18 growing states and the U.S. vs. the percent those yields deviated from the 25-year trend.

September 1 stocks of U.S. corn & soybeans and percent of stocks stored on farm.

Change in USDA's national corn yield projection from the August to the September crop production report and then from the September to the final report in January.

11-state objective number of soybean pods per an 18 square foot area vs. the implied soybean pod weight in grams/pod

11-state objective number of soybean pods per an 18 square foot area vs. the implied soybean pod weight in grams/pod

10-state objective corn ear population in ears per acre vs. the implied 10-state corn ear weight in lbs/ear.

Percent of average 2024 August and June August precipitation vs. the difference in degrees Fahrenheit for the average temperatures last month from the average August temperature.