Fundamentally Speaking

Grain consumption, specifically corn feed use, corn food-seed-industrial utilization and wheat food use.

Percent U.S. corn and soybean yields deviated from the 20-year trend and the five-year rolling average of these deviations

Percent of U.S. corn marketed by month vs. the seasonality of cash corn

Wheat export sales and shipments from the start of the marketing year to the third week of November

U.S. export sales and shipments of corn as of third week in November in million bushels and those as a percent of the USDA November WASDE export projection

Shipment pace of U.S. soybeans as a percent of the November WASDE projection is the lowest since the 1990/91 season.

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

Updated world corn stocks-to-use ratio after China revisions

USDA's September to October, October to November and then November to January corn yield revisions

Plantings of the three major crops of corn, soybeans and wheat vs. the percent of combined corn and soybean acreage from the acreage of the eight major crops

Correlation between the initial crop rating and the percent that yields deviate from trend

Since 2000, foreign corn yields are about 40% of U.S and soybean yields are averaging about 80% of the U.S. figure.

World Corn and Coarse Grain Stocks to Use Ratios Analysis

US Soybean Yield Trends

USDA soybean yield changes from August to September, September to October and then October to final report in bushels per acre

USDA corn yield changes from August to September, September to October and then October to final report in bushels per acre

US Corn crop conditions comparison from July to October as compared to yield estimates.

Percent change in U.S. corn crop ratings as of 9/1/18 vs. 9/1/17 vs. the percent change in the USDA corn yield estimate for September 2018 compared to the 2017 final figures

World Corn and Coarse Grain Stocks to Use Ratios Analysis

USDA September Estimates Implied Pod Weights at 0.34 Grams Per Pod, 4th Highest Figure Ever.