Todd Hultman

Brazil's safrinha corn crop is about to enter its dry season, but so far, corn prices are not showing concern for smaller supplies either in the U.S. or in Brazil.

USDA says Brazil is producing 155.0 million metric tons (mmt) of soybeans in 2023-24 and Brazil's crop agency Conab says production is only 146.5 mmt. Which estimate is right? At this point, does...

What to expect Thursday, April 11, when USDA issues its Crop Production and World Agricultural Supply and Demand Estimates (WASDE) reports.

If we ask the typical trader what a bushel of wheat is worth, we're apt to get the curt response, "Whatever the market will bear." If we ask an economist, the answer will vary depending on the theory to which the economist...

Growth in U.S. corn and soybean production since 1990 has behaved so well, we don't always need to follow the traditional steps to estimate crop size.

USDA will issue its annual Prospective Plantings survey and March 1 Grain Stocks report at 11 a.m. CDT on Thursday, a combination that gets attention and has sparked sizeable price moves in prior years.

I didn't expect this, but some on social media seemed upset by Monday's Todd's Take. I respond.

December 2023 corn bounced up from a low of $4.47 on Nov. 29, 2023, and December 2024 corn bounced up from a low of $4.46 on Feb. 26, 2024. I discuss the possibility of a double-bottom in new-crop corn.

Farmers across the country are receiving pay cuts for restoring a modest surplus of corn. Has anyone stopped to ask if it makes sense?

USDA's March World Agricultural Supply and Demand Estimates (WASDE) report on Friday may adjust some U.S. export estimates and should lower USDA's high production estimates for Brazil's corn and soybeans, but may not offer many...

Spot soybean oil prices are testing long-term support near 45 cents at a time when the moods for corn, soybean and wheat prices remain bearish. Can the half-off sale in bean oil generate demand a second time?

The U.S. Treasury is about to announce a decision regarding the specifications of fuels eligible to earn a tax credit in the production of sustainable aviation fuel. Friday's announcement could eventually give U.S. corn and soybean...

After harvesting the smallest U.S. soybean crop in four years, it looked like soybean prices would have bullish potential in early 2024. That hope was quickly extinguished in January.

Spot corn prices experienced a similar sharp drop in 2013 and 2014, giving us a hint of what to look for in 2024.

For the growers of the country's major crops, this was another tough week of declining spot prices and specs likely added to short positions already at record levels. Is that much bearish confidence really justified?

When USDA releases its World Agricultural Supply and Demand Estimates (WASDE) report Thursday, most traders' attention will likely be on South American crop estimates for corn and soybeans.

July contracts of corn and soybeans are off to a bearish start in 2024 and, although cheap, have yet to find support.

Chicago wheat prices have chopped up and down, largely on Chinese buying rumors, which started in early October, some of which were true. Four months later, prices are up a nickel.

Winter price outlooks are especially bearish when preceded by a record harvest, but anything can happen between a hopeful winter and the realities of markets beginning in May.

Looking ahead in 2023-24, there are both bullish and bearish possibilities for soybean prices. Here in late January, the bearish possibilities are getting more attention.

The recent drop in U.S. soybean meal prices is one view of a market that looks more bearish worldwide.

Along with a record corn harvest, corn prices took the dive many of us were concerned about last February. If you missed the first chance at a good price, will there be a second?