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April, 30 2026

Selected grain contracts at settlement...

No surprise to see some end of month profit taking today, especially when we're right up against technical resistance...

July CORN: down 3 cents to $4.74¾

July SOYBEANS: down 1½ cents to $11.95½

July WHEAT: down 16¼ cents to $6.36¾

April, 30 2026

Typical end of month selling pressure today in the wake of the recent bounce back made by hogs...

June hogs fell $1.47½ to close out April at $102.27½

April, 30 2026
Wheat basis in the southern Plains held steady to firmer with thin farmer sales reflecting drought and uncertain harvest prospects. Millfeed bids remained steady with uneven buying interest from feed mixers supported by poor pasture growth in drought-hit regions
 
April, 30 2026
Soybean basis at the Gulf was steady to lower amid limited near-term activity. Midwest elevator and processor bids were steady to stronger rising at key crushing sites as higher crush margins encouraged fresh soybean purchases
 
April, 30 2026
Corn basis at the Gulf was steady to lower with export demand holding steady as farmers focused on spring planting activities. Midwest elevator and processor bids were mostly steady to higher underpinned by firm demand with scattered old-crop farmer sales as futures advanced
 
April, 30 2026
International prices were mixed with U.S. corn down $0.29/MT to $221.01 with Brazil advancing $0.89 to $229.37. U.S. soybeans gained $3.40/MT to $472.98 mirroring Brazil’s $3.40 increase to $441.75. U.S. SRW wheat fell $2.48/MT to $269.47 as Black Sea prices remained steady
 
April, 30 2026
The Delta and SE U.S. saw dryness ease with more rain Fri-Sat central TX to S GA/SC. Midwest frost had limited impact. Canadian Prairies dry, snow melt delaying fieldwork. Argentina central/NE brief rain next week. Brazil's Safrinha crop got rain in the south but North is drier
 
 
April, 30 2026
At the pause...
 
Corn posted modest losses after an early push higher while soybeans slumped following meal futures lower. Wheat fell the most as traders took profit
 
July CORN down 2 cents at $4.75¾
July SOYBEANS down 2 cents at $11.95
July WHEAT down 8 cents at $6.45
 
April, 30 2026
U.S. drought improved in the Midwest, Northeast, and parts of the South (S TX, E OK) due to heavy precipitation in a band exceeding 150% of normal. Dought worsened across the Southeast, High Plains, and West. D2-D4 now affects 36.62% of the U.S., up from 36.46% last week
 
April, 30 2026

Weekly export sales of corn, soybeans, and wheat all fell within expected ranges, albeit on the low end for soybeans. '25/26 corn sales were up 21% from the prior week and 22% over the 4 week average. '25/26 wheat sales were up 75% from the previous week

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