Todd Hultman

DTN Grains Analyst
Todd Hultman

Todd Hultman is a DTN grains analyst, and has worked in the commodity futures industry since 1985.

 

Todd began his career as a broker with Delta Futures Group in Omaha, where he relied on DTN's news and market quotes. In 1997, he left the brokerage business with a desire to spend more time researching the futures markets and educating others. The move led to the creation of Dailyfutures.com, an online educational resource for futures traders. That same strong interest to research and teach brought a Todd to DTN where he looks forward to commenting on the grain markets. Todd is a 1981 graduate of the University of Nebraska at Omaha and has lived in the Omaha area for most of his life.

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More From This Author

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    After posting bearish closes on Friday, December corn and winter wheat contracts rebounded Monday with help from commercial buying and concerns about the possibility of freezing temperatures in the southwestern Plains early...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was up 1/4 cent, November soybeans were down 1/2 cent, and December Chicago wheat was unchanged.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Friday's trading capped off a bearish week for grains that saw corn and winter wheat prices end near their August lows. November soybeans fell 7 3/4 cents to their lowest close in a week with a bit of support from a 0.33 gain in...

  • Illustration by Nick Scalise

    DTN's Quick Takes

    OMAHA (DTN) -- December corn is down 3 3/4 cents, November soybeans are down 5 1/4 cents and December Chicago wheat is down 2 3/4 cents. After a quiet week of steady to lower trading, grains are falling more on Friday, almost...

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn, soybeans and all three wheats put in another day of quiet, narrow range trading, but this time, finished with higher closes. Combines were likely busy as Thursday offered another day of pleasant fall weather for row-crop...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was up 1 1/4 cents, November soybeans were up 1 cent, and December Chicago wheat was up 1 1/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    December corn and winter wheat continued their downward slides on light volume this week as potential buyers continued to stay away from the markets. November soybeans saw just a slight drop, helped by a slight gain in December...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 1/4 cent, November soybeans were down 1 cent, and December Chicago wheat was down 2 1/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Commercial selling pressured soybeans and meal prices lower on light volume Tuesday while corn and winter wheat drifted to slightly lower closes. This week's weather looks good for harvest progress, but traders are not finding much...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 1 1/4 cents, November soybeans were down 5 1/2 cents, and December Chicago wheat was down 1/4 cent.

  • USDA's estimate that the U.S. will have 430 million bushels of ending soybean stocks in 2017-18 may sound like a comfortable surplus to some, but it depends on Brazil having a sixth consecutive year of good growing weather -- something that may or may not happen (Source: USDA's WASDE and Oilseeds: World Markets and Trade reports).

    Todd's Take

    If you think 430 million bushels of soybeans is a comfortable U.S. surplus, you should see Brazil's supplies.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    November soybeans fell 9 1/4 cents Monday, erasing Friday's gain with a week of favorable harvest weather ahead. December corn was down 2 1/4 cents, also anticipating better harvest weather and December Chicago wheat ended...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 3/4 cent, November soybeans were down 3 1/2 cents, and December Chicago wheat was up 1 3/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn, soybeans and Chicago wheat all closed higher Friday, finding enough support from commercial buying to turn corn and wheat prices back from their lows for the year. November soybeans were up 8 1/4 cents, reaching a new...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was up 1 1/2 cents, November soybeans were up 3 3/4 cents, and December Chicago wheat was up 1 1/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    November soybeans posted its highest close in over two months after USDA reduced its estimate of U.S. ending soybean stocks from 475 million to 430 million bushels. Corn tagged along for a 3-cent gain even though USDA raised its...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was unchanged, November soybeans were up 2 1/2 cents, and December Chicago wheat was up 3/4 cent.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn, soybeans and winter wheat ended a little lower again Wednesday, ahead of Thursday's WASDE report with little happening to shake prices from their quieter trading patterns. USDA announced export sales of corn, soybeans and...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 1 1/2 cents, November soybeans were down 1/4 cent, and December Chicago wheat was down 2 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn, soybeans and Chicago wheat saw another day of quiet trading on low volume as front contracts all settled less than a cent away from Monday's finishes. December Minneapolis wheat was the lone exception, ending down 5 3/4...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was up 1/2 cent, November soybeans were up 5 1/2 cents, and December Chicago wheat was down 3/4 cent.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    November soybeans ended down 5 1/2 cents and December Chicago wheat was down 7 1/2 cents with a favorable forecast for winter wheat planting in the week ahead pressuring wheat prices lower. Corn barely budged, finishing a...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was unchanged, November soybeans were down 1 3/4 cents, and December Chicago wheat was down 2 1/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    USDA's two reports on Friday had split effects with November soybeans closing up 8 3/4 cents and December Minneapolis wheat closing down 21 1/4 cents. Corn was modestly higher while December Chicago wheat closed down 6 3/4 cents.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was up 3/4 cent, November soybeans were down 3 cents, and December Chicago wheat was down 1/4 cent.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn, soybeans, and all three wheats finished lower Thursday, a session marked by low trading volume and not much price movement after the first half hour. USDA will release its Grain Stocks report and Small Grains Summary on...

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    November soybeans finished down 7 3/4 cents Tuesday, pressured by rain in this week's forecast for central Brazil and a new five-week low in December soybean oil. Chicago wheat traded back and forth numerous times but never...

  • The chart of monthly spot soybean futures prices shows important bullish clues for long-term soybean prices, including a bullish turn in the monthly stochastic, the conclusion of a bearish washout among noncommercials and the possibility of a higher low (Source: DTN ProphetX).

    Todd's Take

    For the first time in over a year, soybean prices are showing long-term potential to trade higher.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 1/2 cent, November soybeans were down 3 1/4 cents, and December Chicago wheat was up 2 3/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    November soybeans erased all but a half-cent of Friday's 13 1/2 cent gain on Monday, starting the week with a better chance for rain in this week's forecast for central Brazil. December Minneapolis wheat finished up 14 cents...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 1 1/2 cents, November soybeans were down 5 1/2 cents, and December Chicago wheat was down 2 1/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Soybeans posted a strong rally Friday, holding near session highs late in the day. Corn showed little life, but still performed better than Chicago wheat with its pratfall to a lower close. A look around the board at futures spreads...

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn, soybeans, and wheat all struggled with low trading volume Thursday but were able to end a little higher. Compared to outside commodities, Thursday's grains were among the better performers of the day as December gold...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 1/4 cent, November soybeans were down 4 3/4 cents, and December Chicago wheat was down 2 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn, soybeans, and winter wheat all ended a little lower Tuesday, surviving earlier selling attempts with firmer finishes. December soybean oil showed some spunk, rebounding from Monday's new three-week low with a gain of a third of...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was up 1 1/4 cents, November soybeans were down 1/4 cent, and December Chicago wheat was up 2 1/2 cents.

  • When Chicago wheat prices are cheap, it is common for commercials to be on the long side of the market. After a brief absence this summer, commercials are net long again with spot Chicago wheat prices in the low to mid $4s (Source: DTN ProphetX).

    Todd's Take

    Commercials are net long corn, soybeans and Chicago wheat.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    November soybeans closed down 7 1/4 cents, but held a modest gain for the week even without much buying interest on Friday. December corn prices barely budged, ending up 1/2 cent on light volume as traders appeared to bug out...

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    November soybeans closed up 15 1/2 cents and December meal was up $7.70, both at their highest closes in over four weeks, with active commercial buying and slight weather concerns. December corn ended up 2 3/4 cents in quiet...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was up 2 cents, November soybeans were up 5 1/2 cents, and December Chicago wheat was up 4 1/2 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    November soybeans and December meal bounced back Wednesday, erasing Tuesday's WASDE-related losses with firm responses of commercial buying. December corn tried to trade higher earlier in the day, but ended unchanged while...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was up 2 1/4 cents, November soybeans were up 4 1/4 cents, and December Chicago wheat was up 4 cents.

  • USDA on Tuesday pegged the average U.S. corn yield at 169.9 bushels per acre, up 0.4 bpa from the August report. (DTN file photo by Pamela Smith)

    USDA Report Review

    Higher corn and soybean crop estimates in Tuesday's WASDE estimates from USDA sent corn and soybean prices to lower closes while wheat escaped with a neutral report and a 7 1/4-cent gain.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    December corn ended down 6 cents and November soybeans down 9 1/2 cents Tuesday after USDA surprised markets with higher-than-expected crop estimates for corn and soybeans. The closes were not as low as prices initially...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 1 1/4 cents, November soybeans were down 3/4 cent, and December Chicago wheat was up 1 1/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    For grains, Monday was a quiet day of trading that saw small changes in row crops and wheat prices sag lower. Grains face USDA's next WASDE report Tuesday morning at 11 a.m. CDT.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 1 1/2 cents, November soybeans were up 1 1/2 cents, and December Chicago wheat was down 4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Let's face it, grains did not get much attention Friday with the nation's eyes on the approach of Hurricane Irma, but corn and Chicago wheat did hang on to small gains while the soy complex ended lower. The September U.S. dollar...

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    December corn and Chicago wheat gave back this week's gains as potential buyers looked weak in the knees ahead of next week's WASDE report. The U.S. dollar index fell to its lowest prices in over two years, pressured by bullish...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 1 cent, November soybeans were up 3 3/4 cents, and December Chicago wheat was down 1/4 cent.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    December corn, November soybeans and winter wheat all closed modestly higher in a day of quiet trading with little outside news to disrupt markets. The one exception was a 15 1/2 cent gain in December Minneapolis wheat as prices...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 1 1/4 cents, November soybeans were down 1/2 cent, and December Chicago wheat was down 1 1/2 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    December soybean meal closed up $9.20 Tuesday, an aggressive show of commercial buying that also helped November soybeans finish 19 cents higher. Corn and wheat also closed higher, trying to add to last week's late rebound in...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was up 3 1/4 cents, November soybeans were up 9 3/4 cents, and December Chicago wheat was up 7 3/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    December corn ended down 2 1/2 cents Friday, but held enough ground to break its streak of five consecutive losing weeks with a small gain for this week. December Chicago wheat broke a similar streak this week with a 4 1/4 cent...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was up 2 1/2 cents, November soybeans were up 5 1/2 cents, and December Chicago wheat was up 5 1/2 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    December corn and November soybeans posted their most bullish closes in August, getting help from commercial buying and end-of-month shuffling among traders. Wheat prices were mixed as winter wheat contracts ended higher while...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 1 cent, November soybeans were unchanged, and December Chicago wheat was up 1 1/2 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn's bearish streak in August continued Wednesday with a 4-cent drop in the September contract to its lowest spot close since September 2016. November soybeans were also down 4 cents and Chicago wheat finished unchanged in...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 1/4 cent, November soybeans were unchanged, and December Chicago wheat was up 2 3/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Tuesday's trade saw December corn and November soybeans settle modestly lower on light to moderate volume with mostly dry weather across the Midwest. Coming on the heels of Hurricane Harvey over the weekend, financial traders...

  • This grid shows the correlation coefficients of monthly spot futures prices for each combination of assets, from Jan.1, 1997 to the present. Of special interest are the high correlations of grains to the other three physical commodities (Source: DTN's Prophet X and Todd Hultman).

    Todd's Take

    The world is changing; this is no time for tunnel vision.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    December corn closed down 2 1/2 cents Monday on light volume and keep making new lows in August with buyers unwilling to jump in ahead of harvest. December Chicago and K.C. wheat were also lower as Hurricane Harvey added to...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 3/4 cent, November soybeans were up 2 3/4 cents, and December Chicago wheat was down 2 3/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    December corn posted its eighth new low in August, unable to find any friends on the buy side of the market while this year's crops mature in the field. Friday's trading was quiet with much attention on Hurricane Harvey while...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 1/2 cent, November soybeans were down 1 1/4 cents, and December Chicago wheat was up 1 1/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    All three wheats finished higher Thursday, helped by the arrival of commercial buying after a long, downward slide. November soybeans closed higher with help from commercial buying in soybean meal and ongoing uncertainty over the...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was up 1/4 cent, November soybeans were up 4 1/4 cents, and December Chicago wheat was up 3 1/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Less than a year after posting a seasonal low of $3.58 1/2 in 2016, December corn closed down 4 1/4 cents Wednesday to a new closing low of $3.55 3/4. November soybeans ended up a half-cent after bullish news of a new import...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was up 2 1/4 cents, November soybeans were up 8 1/2 cents, and December Chicago wheat was up 3 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    One last day of rain around the central and eastern Midwest was enough to take December corn down to $3.60, near last year's August low. Chicago and K.C. wheat posted new contract lows while December Minneapolis wheat fell to...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 1/4 cent, November soybeans were up 1 1/4 cents, and December Chicago wheat was down 1/2 cent.

  • This chart shows corn prices had a strong bullish surge in June 2016, which became a source of selling when weather turned favorable and produced a record 15.15-billion-bushel corn crop. Neither of those factors is as bearish this year. (DTN chart; source: DTN ProphetX)

    Todd's Take

    Corn prices are headed lower, but this year's bearish arguments aren't as strong as a year ago.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn and soybeans closed lower as widely scattered showers brought help to row crops around the central and western Midwest on Monday. Chicago and K.C. wheat fell to new contract lows and continue to have a difficult time...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 3 1/4 cents, November soybeans were down 4 3/4 cents, and December Chicago wheat was down 3/4 cent.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    November soybeans ended up 4 3/4 cents on a quiet day of trading where the most excitement came from a $0.42 gain in December soybean oil. December corn ended up 1 1/2 cents with traders waiting to see how next week's...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 1/4 cent, November soybeans were down 3/4 cent, and December Chicago wheat was up 2 3/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Soybeans turned higher Thursday, helped by active export demand and a few days of mostly dry weather across the central Midwest. Corn and winter wheat fell to new lows for the third consecutive session, struggling to find...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was up 1/4 cent, November soybeans were up 6 cents, and September Chicago wheat was down 1 1/2 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn, soybeans and all three wheats were lower Tuesday, along with most other commodities on the board. In the case of grains, beneficial rains in the seven-day forecast are the latest source of bearish motivation.

  • This chart shows owning cash soybeans from Nov. 30 to Jun. 30 since 1993 has resulted in a gain of $22.13 a bushel, or nearly 13 cents a month -- a far more generous return than corn has offered over the same time. (DTN chart by Todd Hultman)

    Todd's Take

    Soybeans have had every bearish threat thrown their way in 2017, but continue to be the more profitable row crop Midwestern farmers grow and store.

  • DTN Early Word Grains

    December corn was down 4 cents, November soybeans were down 4 1/4 cents, and September Chicago (SRW) wheat was down 3 3/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Grains traded lower all day long, pressured by rain in the latest seven-day forecast, but corn and Chicago wheat rallied at the end of the session and managed to close a little higher. November soybeans ended down 6 3/4 cents...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 4 1/4 cents, November soybeans were down 9 3/4 cents, and September Chicago wheat was down 6 1/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn and soybeans finished Friday with modest gains, trying to stay on their feet after getting hit with USDA's higher-than-expected yield estimates on Thursday. Minneapolis wheat tumbled 29 1/4 cents lower to its lowest close in...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was up 1/2 cent, November soybeans were up 5 3/4 cents, and September Chicago wheat was down 1 cent.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn, soybeans, and wheat all closed sharply lower Thursday after USDA's estimates of row crop production and world wheat production all came in higher than expected.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    It looks like traders caught up on their sleep Wednesday, getting ready for Thursday morning's weekly export sales and monthly WASDE reports from USDA. Corn, soybeans and wheat all ended steady or a little higher on light trading...

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn and winter wheat ended lower Tuesday while soybeans and spring wheat were higher, but all traded at familiar, recent prices as traders bide time until Thursday's 11 a.m. CDT report. The September U.S. dollar index traded...

  • Heading into the August WASDE report of 2011, there was reason to expect higher corn prices as USDA's 2011 crop ratings were similar to those we see today. Prices actually fell lower by the end of November, pressured by a bearish surprise in the Sept. 30 corn stocks report and corn's bearish seasonal tendencies related to harvest. (Source: DTN ProphetX)

    Todd's Take

    Crop ratings aside, the 2011 corn market has little in common with 2017, but 2011 does offer a sober warning for this week's WASDE report.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn, soybeans and wheat all closed higher Monday with weather concerns still an issue for row crops heading into Thursday's WASDE report. Grains also appear to be finding technical support after three weeks of trading lower.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was up 3 1/2 cents, November soybeans were up 7 3/4 cents, and September Chicago wheat was up 2 3/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    After a week that saw rain forecasts send grain prices scurrying lower, December corn managed to close 3 1/4 cents higher Friday and held above its ten-month low of $3.75. Soybeans and wheat ended with small losses on a quiet...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was up 3 cents, November soybeans were up 1 1/2 cents, and September Chicago wheat was up 2 1/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    November soybeans fell 17 cents as a line of showers made its way across Iowa and Minnesota to Wisconsin, giving relief to some dry areas at a time when roughly half of the nation's soybeans are setting pods. Corn and wheat were...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 3 1/2 cents, November soybeans were down 14 cents, and September Chicago wheat was down 4 3/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn and soybeans finished a little higher Wednesday, trimming back a small part of Tuesday's losses with plenty of question marks still surrounding this year's crops. Winter wheat prices were slightly lower with rain falling in North...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was up 4 1/4 cents, November soybeans were up 7 1/2 cents, and September Chicago wheat was up 4 1/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Grains were all lower Tuesday, but a 35 1/2 cent loss in November soybeans led the way with broad rain coverage expected in the new seven-day forecast. Even September Minneapolis wheat was down 13 1/4 cents, near its lowest...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 2 cents, November soybeans were down 14 3/4 cents, and September Chicago wheat was up 1/2 cent.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn, soybeans, and wheat prices all closed lower Monday, pressured by rain in this week's forecast which should help drier fields in the western Plains. Meanwhile the spot futures for the U.S. dollar index continue to make new lows...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 5 1/4 cents, November soybeans were down 14 cents, and September Chicago wheat was down 4 1/2 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    December soybean oil closed up 0.73 Friday after a federal appeals court ruled that the 2016 renewable fuels mandate was incorrectly reduced. Otherwise, trading in grains was fairly quiet Friday with modest gains across the board.

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was unchanged, November soybeans were down 3/4 cent, and September K.C. wheat was up 5 3/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn, soybeans and wheat all posted modest gains Thursday on light trading volume. Grains continue to find support from a widespread lack of rain for 2017 crops, especially in the northwestern Plains where drought continues to...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was up 3 cents, November soybeans were up 8 cents, and September Chicago wheat was up 5 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn, soybeans and all three wheats were back in the green on Wednesday, a modest renewal of support in this summer of lower crop ratings. Beneficial rains were crossing the central and northern Midwest with Wednesday's hotter...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 1 3/4 cents, November soybeans were down 5 1/2 cents, and September Chicago wheat was up 2 1/4 cents.

  • (DTN illustration by Nick Scalise)

    DTN Closing Grain Comments

    Corn, soybeans and wheat all ended lower Tuesday in spite of Monday afternoon's lower crop ratings from USDA. This week's forecast for rain across the central and eastern Midwest will be blamed for much of the selling and will be...

  • (DTN photo by Greg Horstmeier)

    DTN Before The Bell Grain Comments

    December corn was down 2 3/4 cents, November soybeans were up 7 1/2 cents, and September Chicago wheat was down 3 3/4 cents.

  • While the lack of increase in Dec. 2017 corn prices has been frustrating to many people during a hot July, the daily chart above shows a more bullish response in later months such as Dec. 2018 corn (Source: DTN ProphetX).

    Todd's Take

    December 2017 corn has had little to show for all the crop concerns endured so far.