Todd Hultman

Moderate summer temperatures and a decent coverage of rain the past few days kept bearish pressure on prices of row crops and wheat Tuesday. Most other commodities were higher after President Trump let it be known again...

Rain over the weekend in the western Plains and in the central Midwest on Monday brought lower prices of corn and wheat on Monday, while soybeans were able to hold a slight gain. All three wheats had double-digit losses, nearly...

December corn was up 1/4 cent, November soybeans were up 10 1/4 cents, and December K.C. wheat was down 2 1/4 cents.

December contracts of all three wheats closed higher Friday, spurred by an early morning rally in Europe, which appears related to an unconfirmed rumor that Russia may be considering curbing its grain exports. Row crops were...

In August 2017, USDA estimated a higher-than-expected corn yield and prices collapsed at the end of the year. USDA did the same thing last Friday, but so far, corn prices aren't collapsing.

December corn was up 2 1/4 cents, November soybeans were down 3/4 cent, and December K.C. wheat was up 16 1/4 cents.

November soybeans jumped 28 cents higher Thursday with shorts on the run after news broke that China is sending a delegation of officials to Washington later this month to talk trade. Corn and wheat prices also joined...

December corn was up 2 3/4 cents, November soybeans were up 16 3/4 cents, and September Chicago wheat was up 6 3/4 cents.

September contracts of corn, soybeans and all three wheats finished lower Wednesday, along with nearly all commodities, except for livestock. Along with general commodity price concerns, grains and soybeans were also pressured by...

December corn was down 2 cents, November soybeans were down 6 1/2 cents, and September Chicago wheat was down 5 3/4 cents.

December soybean meal closed up $9.00 Tuesday, becoming the first grain-related contract to erase Friday's big loss, thanks to resilient commercial demand for meal. November soybeans were up 11 cents and December corn was up 6...

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

September contracts of all three wheat posted double-digit losses Monday, pressured by lower prices in Europe and rain in the forecast ahead of the next winter wheat planting. Soybeans were able to post a modest gain with help...

December corn was down 3 3/4 cents, November soybeans were down 8 1/2 cents, and September Chicago wheat was down 7 1/2 cents.

September contracts of corn, soybeans, and all three wheats tumbled lower Friday after USDA estimated a new record U.S. corn yield and a new record U.S. soybean crop. Wheat prices also fell...

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

September contracts of corn, soybeans and all three wheats were lower Thursday, a victim of pre-report jitters even while the northwestern U.S. is dealing with a stretch of hot and dry weather. The September U.S. dollar index...

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

With U.S. corn in dough stage and soybeans setting pods, USDA will reveal the findings of its first farm surveys of 2018 and post new yield estimates for row crops when it releases its latest Crop Production and World Agricultural...

Wednesday's trade was marked by low volume in the more popular grain contracts, but larger gains were seen in spring wheat, oats, and canola as concerns of hot and dry weather in the northwestern Plains received attention.

November soybeans closed up 12 1/4 cents Tuesday, helped by a lower good-to-excellent crop rating from USDA and concerns about a lack of rain at pod-setting time. Winter wheat prices fell back from Monday's highs in an...

December corn was up 2 cents, November soybeans were up 9 1/4 cents, and September Chicago wheat was up 10 3/4 cents.

September contracts of all three wheats closed with double-digit gains Monday, continuing to find support from dry weather concerns in several of the world's wheat regions. Soybeans ended lower on light volume with potential...

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

Dry weather concerns, misreported news and tariff announcements are keeping traders on edge.

December corn was up 1 3/4 cents, November soybeans were down 2 3/4 cents, and September Kansas City (HRW) wheat was up 1 1/4 cents.

September contracts of winter wheat were trading up over 30 cents at one brief point Thursday morning, but quickly fell back, ending with modest gains for the day. Mimicking wheat in a smaller way, December corn ended up 1 3/4...

December corn was up 2 1/2 cents, November soybeans were down 8 cents, and September Kansas City (HRW) wheat was up 9 cents.

Reports that the White House is preparing to increase tariffs on Chinese goods even further, plus a more moderate shift in the six-to-10 day forecasts, sent corn and soybean prices lower Wednesday. Winter wheat managed modest...

December corn was down 1/2 cent, November soybeans were down 12 1/4 cents, and September Kansas City (HRW) wheat was up 5 cents.

The final day of July saw higher closes again throughout the grain sector, this time led by a 28-cent gain in November soybeans after Bloomberg news reported officials from the U.S. and China were having private talks in hopes of...

December corn was up 2 1/4 cents, November soybeans were up 6 cents, and September Kansas City (HRW) wheat was up 1 1/2 cents.

After a summer of mostly favorable growing weather across the Midwest, conditions are turning drier as we come to the end of July and that is raising some concern about how crops will fare in 2018. September contracts of corn...

December corn was up 3 cents, November soybeans were up 6 1/2 cents, and September Kansas City (HRW) wheat was up 10 1/2 cents.

Soybeans didn't trade much volume Friday, but they did finish 9 1/4 cents higher on the day as prices continue to claw back from their lowest levels in over nine years. Corn was slightly higher and wheat contracts were mixed with...

As mentioned last week, wheat fundamentals have been changing gradually, but not until Wednesday did wheat's price charts confirm a bullish change.

December corn was down 1 cent, November soybeans were up 3 3/4 cents, and September Kansas City (HRW) wheat was down 5 cents.

September contracts of winter wheat gave back part of Wednesday's big, 30-cent plus gains as bullish enthusiasm cooled on Thursday. November soybeans were up 20 cents at one point early, but finished up just a quarter-cent...

December corn was up 4 3/4 cents, November soybeans were up 16 3/4 cents, and September Kansas City (HRW) wheat was up 7 1/2 cents.

September contracts of all three wheats jumped over 30 cents higher Wednesday, prompted by dry weather concerns in Europe and Europe's highest prices for milling wheat in three years. December corn also benefited from...

December corn was up 2 3/4 cents, November soybeans were down 4 1/2 cents, and September Kansas City (HRW) wheat was up 9 3/4 cents.

November soybeans closed up 10 1/2 cents Tuesday for no obvious reason and in spite of a favorable 70% good-to-excellent crop rating from USDA Monday afternoon. Corn and wheat prices were not as puzzling, ending lower after...

December corn was down 4 1/2 cents, November soybeans were down 5 cents, and September Kansas City (HRW) wheat was down 5 1/4 cents.

Light trading volume marked the entire grain sector, but September Minneapolis wheat finished with a 7-cent gain while other contracts were mixed. December corn was up 2 1/4 cents, earning a sixth consecutive gain while November...

December corn was up 1 1/4 cents, November soybeans were up 3/4 cent, and September Kansas City (HRW) wheat was up 3 1/4 cents.

September Minneapolis wheat jumped up 17 cents Friday, boosted by increased drought in the Pacific Northwest and talk of wildfires burning wheat fields in Oregon. U.S. winter wheat prices also traded higher with ongoing dry weather...

The 2018-19 ending stocks-to-use ratio for world wheat at 35% is among the highest on record. DTN Contributing Analyst Joel Karlin reminded us this week that for wheat, it's not the best way to keep score.

December corn was up 1 1/4 cents, November soybeans were down 1 1/2 cents, and September Kansas City (HRW) wheat was up 5 1/4 cents.

New-crop corn, soybeans and all three wheats finished higher Thursday, given a boost by hot and dry conditions in the southern Plains and expectations for increased drought in the southern Plains and Pacific Northwest. Outside...

Expect lean hog contracts to begin in a mixed basis thanks to a residual of selling on one hand and short covering on the other. The cattle complex is likely to stay firm after the August futures broke to a new three-month high...

December corn was down 1/4 cent, November soybeans were down 4 1/4 cents, and September Kansas City (HRW) wheat was unchanged.

After two days of active trading, the grain sector took a break Wednesday and settled near Tuesday's closes on light volume. Corn and soybeans were a little higher while all three wheats ended lower.

December corn was up 2 cents, November soybeans were up 4 1/4 cents, and September Kansas City (HRW) wheat was up 4 1/2 cents.

With the flick of a switch, USDA reduced crop ratings for corn and soybeans late Monday and traders responded with eagerness to buy corn, soybeans, and all three wheats Tuesday. Commercial buying in most grains also had help...

December corn was up 3 1/4 cents, November soybeans were up 4 cents, and September Kansas City (HRW) wheat was up 6 1/4 cents.

November soybeans gained 11 1/2 cents Monday while September K.C. wheat was down 8 1/2 cents in a quiet day of trading that also saw December corn inch up a half-cent. NOPA's soybean crush estimate of 159.2 million bushels for...

December corn was down 1 1/4 cents, November soybeans were down 4 1/4 cents, and September Kansas City (HRW) wheat was down 4 1/2 cents.

December corn was down 4 1/2 cents and November soybeans dropped another 15 cents to their lowest November close in nine years as both continue to find buyers scarce, while crops are in good shape and the forecast looks...

USDA is predicting the lowest ending corn stocks relative to use in over 20 years, but corn prices are in the dumps. What gives?

December corn was down 2 3/4 cents, November soybeans were down 7 1/2 cents, and September Kansas City (HRW) wheat was up 5 1/4 cents.

December corn was up 6 cents and September Chicago wheat was up 12 3/4 cents after USDA helped with lower-than-expected world ending stocks estimates of corn and wheat. Soybeans held on to a 1-cent gain, even though their...

December corn was up 2 3/4 cents, November soybeans were up 3 3/4 cents, and September Kansas City (HRW) wheat was up 2 1/2 cents.

On a day when most commodities were trading lower after the U.S. proposed another round of new tariffs, December corn, November soybeans and September Chicago wheat all fell to new lows, one day before USDA's next WASDE report.

December corn was down 4 1/4 cents, November soybeans were down 15 3/4 cents, and September Kansas City (HRW) wheat was down 7 3/4 cents.

What to expect from the latest USDA Crop Production and World Agricultural Supply and Demand Estimates reports, which will be released at 11 a.m. CDT on Thursday, July 12.

December corn fell lower, but stopped short of a new closing low after USDA showed another high crop rating late Monday. All three wheats fell back toward recent lows while November soybeans ended slightly lower with current...

December corn was down 2 1/2 cents, November soybeans were down 1 3/4 cents, and September Kansas City (HRW) wheat was down 6 3/4 cents.

November soybeans posted the largest percentage loss Monday, taking back most of Friday's unexplainable gains, while also leading corn and wheat prices lower. This week's USDA reports are likely to show higher crop estimates for...

December corn was down 3 3/4 cents, November soybeans were down 10 cents, and September Kansas City (HRW) wheat was down 5 cents.

The old expression, "buy the rumor and sell the fact" was turned upside down Friday when November soybeans climbed 38 3/4 cents higher after the U.S. and China unleashed $34 billion of new tariffs each, including a 25% penalty on...

The trade dispute with China is heating up, but it needs to be said that part of the U.S. argument is based on a poor understanding of trade deficits.

December corn was down 1/2 cent, November soybeans were up 3/4 cent, and September Kansas City (HRW) wheat was down 1 cent.

K.C. wheat turned in the highest percentage gain in the grain sector with the September contract posting a 19 1/4 cent gain Thursday. November soybeans were down 8 1/2 cents with traders waiting for Friday's tariff increases...

Tuesday's closes: December corn was up 5 1/4 cents, November soybeans were down 5 1/4 cents, and September Kansas City (HRW) wheat was up 13 1/4 cents.

December corn was up 5 1/4 cents, November soybeans were down 5 1/4 cents, and September Kansas City (HRW) wheat was up 13 1/4 cents. (Tuesday's close)

December corn and September contracts of all three wheats took back part of Monday's losses in a holiday-shortened session, marked by light volume. November soybeans ended down 5 1/4 cents with concerns about China's new...

December corn was up 4 cents, November soybeans were up 3/4 cent, and September Kansas City (HRW) wheat was up 11 1/2 cents.

After a higher start to the day, corn, soybeans and winter wheat all fell back near their recent lows with the largest percentage losses in winter wheat. So far, investors continue to ignore flooding problems and are keeping a...

December corn was unchanged, November soybeans were up 2 cents, and September Kansas City (HRW) wheat was up 11 3/4 cents.

September contracts of Chicago and K.C. wheat traded higher Friday -- even before USDA's reports were released -- and finished with double-digit gains on the final day of the calendar's second quarter. December corn gained 5 1/4...

There are no signs of soybean prices bottoming yet, but that doesn't stop us from wondering how low prices might go.

December corn was up 2 1/2 cents, November soybeans were up 2 cents, and September Kansas City (HRW) wheat was up 5 1/4 cents.

A half hour before the close, December corn and November soybeans appeared on their way to a quiet close when suddenly, plans changed and prices dropped in the final minutes, accompanied by heavy selling volume as some seemed...

December corn was down 1 cent, November soybeans were down 3 1/2 cents, and September Kansas City (HRW) wheat was down 1/4 cent.

What to expect from the latest USDA Acreage and Grains Stocks report, which will be released at 11 a.m. CDT on Friday, June 29.

December corn was unchanged and November soybeans were up 1 1/2 cents Wednesday, not straying far from Tuesday's closes with trading quiet ahead of Friday's Acreage and Grain Stocks reports. Winter wheat ended modestly higher...

December corn was up 2 cents, November soybeans were up 4 3/4 cents, and September Kansas City (HRW) wheat was up 5 3/4 cents.

Soybeans and all three wheats followed Monday's losses with more losses on Tuesday as neither crop is offering buyers much attraction these days. December corn was a little higher while outside commodities were mixed.

December corn was up 1/4 cent, November soybeans were up 2 cents, and September Kansas City (HRW) wheat was down 3 1/4 cents.

Nearly all commodities and major stock markets were lower Monday as investors showed disapproval again over rising trade tensions. Grains in particular were sharply lower with added pressure from more rain in this week's forecast...

December corn was down 3 1/2 cents, November soybeans were down 11 1/2 cents, and September Kansas City (HRW) wheat was down 10 3/4 cents.

After a week that saw trade concerns increase and too much rain in some areas, July soybeans jumped up 14 cents Friday, trimming back their losses for the week while July soybean meal closed up $7.30 with help from commercial...

Unusual noncommercial behavior in corn raises new questions in 2018-19.

July corn was up 1/4 cent, July soybeans were up 4 3/4 cents, and September Kansas City (HRW) wheat was down 1 3/4 cents.

Grains welcomed the summer solstice with higher prices of corn and wheat while July soybeans fell 9 cents to another new two-year low among spot prices. August crude oil is trading up 25 cents ahead of Friday's much-anticipated...

July corn was down 1 cent, July soybeans were down 7 1/2 cents, and September Kansas City (HRW) wheat was down 4 1/2 cents.

Trading in grains was quieter with no significant news on the trade front, but September Chicago wheat became Wednesday's exception, climbing 9 3/4 cents with unexpected support from commercial buying. Corn and soybeans finished...

July corn was up 1 3/4 cents, July soybeans were up 3 3/4 cents, and July Kansas City (HRW) wheat was up 6 3/4 cents.

July corn escaped relatively unscathed, but July soybeans fell 19 1/2 cents on a day that started with news of more U.S. tariffs against China, while commercials and noncommercials pressured wheat prices lower with a lack of news...

I get no pleasure bringing more bearish news to grain and oilseed markets, but major changes are taking place that should not be ignored.

July corn was down 7 cents, July soybeans were down 20 1/2 cents, and July Kansas City (HRW) wheat was down 9 3/4 cents.

July soybeans ended up 3 cents Monday, in spite of Saturday's news that China retaliated to U.S. tariffs with $34 billion of their own, including a 25% tariff on U.S. soybeans. Corn ended lower and July K.C. wheat dropped 20 1/4...

July corn was down 2 3/4 cents, July soybeans were unchanged, and July Kansas City (HRW) wheat was down 7 1/2 cents.

July soybeans fell another 21 3/4 cents Friday after President Trump approved roughly $50 billion of new tariffs against Chinese goods -- a move that may lead to retaliatory tariffs on U.S. soybeans as well as other goods. Corn...

July corn was down 2 3/4 cents, July soybeans were down 15 1/2 cents, and July Kansas City (HRW) wheat was down 6 1/4 cents.

July contracts of corn, soybeans and all three wheats were lower Thursday with ongoing pressure from mostly favorable weather in 2018 and a lack of obvious growing problems. Adding to bearish pressures, the June U.S. dollar index...

July corn was down 3 cents, July soybeans were down 2 cents, and July Kansas City (HRW) wheat was down 7 3/4 cents.

July soybeans fell 18 cents Wednesday to their lowest close in nearly a year, overwhelmed by bearish concerns, which start with good U.S. crop conditions. Winter wheat prices gave back nearly all of Tuesday's USDA report-related...

July corn was down 1 3/4 cents, July soybeans were down 8 3/4 cents, and July Kansas City (HRW) wheat was down 6 1/4 cents.

USDA's new supply and demand estimates were mostly small adjustments to May's numbers, but July Chicago wheat jumped up 20 cents Tuesday, partly encouraged by a 3.5 mmt reduction in Russia's wheat crop estimate. July corn ended...

Last Thursday's new lows in soybeans followed corn's bearish break, putting more stress on speculators who stayed too bullish in row crops.

July corn was up 3 1/4 cents, July soybeans were up 7 1/2 cents, and July Kansas City (HRW) wheat was up 1/4 cent.

Good growing weather pressured row crop prices lower once again and magnified stress on noncommercial accounts caught heavily long, resulting in another day of sizable losses for corn and soybean futures. July K.C. wheat ended...

USDA's June WASDE report will have an update of U.S. wheat production and perhaps some adjustments to U.S. demand tables, but domestic changes are typically small in this monthly report.

July corn was down 1 3/4 cents, July soybeans were down 1 3/4 cents, and July Kansas City (HRW) wheat was up 1/4 cent.

July row crops put an end to two weeks of sharp losses with a mixed close on Friday that saw corn gain a cent and a half, and soybeans fall a nickel to its lowest close in nine months. All three wheats ended lower Friday and for...

July corn was down 1 3/4 cents, July soybeans were down 7 1/2 cents, and July Kansas City (HRW) wheat was down 5 cents.

July soybeans and corn both fell to their lowest closes in four months Thursday, still pressured by a favorable start for row crops at the beginning of the 2018 season. Winter wheat prices finished modestly higher, continuing to...

July corn was up 1 1/2 cents, July soybeans were up 1/4 cent, and July Kansas City (HRW) wheat was up 10 1/2 cents.

July contracts of corn and soybeans slid lower Wednesday, still pressured by favorable crop conditions and rain in this week's forecast. Winter wheat prices closed higher, supported by newer concerns of increasing dryness in the...

July corn was up 1/4 cent, July soybeans were up 1/4 cent, and July K.C. wheat was up 7 1/4 cents.

After experiencing significant losses over the past five sessions, most grain contracts composed themselves enough to finish with modest gains on Tuesday. Row crops and spring wheat are expected to benefit from light to...

July corn was up 3 cents, July soybeans were up 2 cents, and July K.C. wheat was up 9 3/4 cents.

Monday's new three-month low turned corn's trend bearish and put stress on speculators holding their largest net long positions since 2011.

July corn fell 10 3/4 cents to its lowest close in three months, pressured by this week's favorable weather outlook for crops. Soybeans and winter wheat posted declines of nearly 20 cents after weekend trade talks with China...

July corn was down 4 cents, July soybeans were down 9 3/4 cents, and July K.C. wheat was down 10 cents.

July contracts of corn and all three wheats dropped further Friday while soybeans managed a modest gain. At the end of the four-day week, all were cheaper than they started, pressured by mostly favorable weather and ongoing...

July corn was up 1 cent, July soybeans were up 4 1/4 cents, and July K.C. wheat was down 5 1/2 cents.

July contracts of corn and all three wheats ended a little higher on a quiet day of trading in grains while soybeans, soybean meal and bean oil were all modestly lower. Early crop conditions remain favorable in the central U.S...

July corn was up 2 3/4 cents, July soybeans were up 3 cents, and July K.C. wheat was up 2 1/4 cents.

July contracts of corn, soybeans and all three wheats sold lower a second day, pressured by rain in this week's forecast and a generally favorable start for row crops and spring wheat in the new U.S. growing season.

July corn was down 2 3/4 cents, July soybeans were down 5 3/4 cents, and July K.C. wheat was down 8 3/4 cents.

July contracts of corn, soybeans and all three wheats sold lower by Tuesday's close, pressured by rain in this week's forecast and a higher U.S. dollar index that is getting fresh support from political problems in Italy. Dec cotton...

July corn was unchanged, July soybeans were down 3 1/4 cents, and July K.C. wheat was up 6 1/4 cents.

Much like a year ago before drought sent spring wheat prices higher, bullish signs are starting to re-emerge in 2018.

July K.C. wheat closed up 15 cents, nearly reaching it highest prices in 10 months with hot temperatures in store for the southwestern Plains through Memorial Day weekend. Friday's trading was light, but also saw modest gains...

July corn was up 1 cent, July soybeans were up 4 1/4 cents, and July K.C. wheat was up 7 1/2 cents.

July contracts of corn, soybeans and all three wheats started the day higher, but finished lower as traders pulled back from new highs in front of a three-day weekend. The June U.S. dollar index was down 0.20 and June gold was...

July corn was up 2 1/2 cents, July soybeans were up 9 1/4 cents, and July K.C. wheat was up 6 3/4 cents.

July contracts of corn, soybeans and all three wheats finished higher Wednesday, helped by dry weather in Brazil, an easing of trade tensions and a forecast for hotter temperatures in the Southern Plains this weekend. Outside...

July corn was unchanged, July soybeans were up 1 cent, and July K.C. wheat was up 1 1/4 cents.