Grain Home
Delayed Pricing for Corn, Beans & Wheat
Corn FREE Starting 12/9/2024
Beans FREE Starting 12/9/2024
Wheat 6 cents / month Starting 7/22/24
GRAIN REPORTS:
Click Here for the 2025 Agricultural Report Calendar.
Weekly Export Inspections: Monday (10:00 am)
Weekly Ethanol Production: Wednesday (9:30 am)
Weekly Export Sales: Thursday (7:30 am)
USDA Drought Monitor: Thursday (7:00 am)
MORNING COMMENTS
Tuesday June 24th
Corn -2
Corn futures are trading lower again this morning. July 25 futures are trading below all its moving averages. The USDA Crop Conditions report dropped G/E ratings down 2% to 70% G/E. US corn export inspections were reported at 1.447 MMTs and aligned with the estimates. Corn harvest in South America is about halfway complete. Brazil has started harvesting their second corn crop with strong numbers coming from the fields.
Beans -6
Bean futures are trading lower this morning. November 25 futures are trading between its 10-day and 20-day moving averages. The USDA left the G/E rating unchanged at 66% G/E. US soybean planting was reported at 96% complete and slightly behind the yearly average. US weekly bean export inspections were 193,000 MTs and below the market’s estimates.
Spring Wheat -8 & Winter Wheat -9
Wheat futures are both trading lower this morning. Mpls July 25 futures are trading between its 20-day and 100-day moving averages. KC July 25 futures are trading between its 10-day and 50-day moving averages. Winter wheat and spring wheat conditions fell to 42% G/E yesterday. Harvest in the US was reported at 19% complete vs. the five-year average of 28% complete. US weekly wheat export inspections were 255,000 MTs, and below the estimates.
Hallie Stallman
Crop Conditions July 7th
74% of Corn is rated Good/Ex Up 1%
66% of Soybeans are rated Good/Ex Unchanged
USDA Acres / Quarterly Stocks
Corn arces 95.2 < 95.35 Est
Beans acres 83.4 < 83.65 Est
Wheat acres 45.5 > 45.44 Est
Quarterly Stocks
Corn 4.644 > 4.461 Est
Beans 1.008 > 980 Est
Wheat 851 > 836 Est
USDA Report 6/12/25
2025/2026 Yields
Corn 181 Beans 52.5
Production
Corn 15,820 Beans 4,340
Ending Stocks
Corn 1,750 Beans 295
World Ending Stocks
Corn 275.2 < 278.8 Est 277.84 May
Beans 125.3 < 124.54 Est 124.33 May
Wheat 262.8 < 265.1 Est 265.73 May
South America Production
Brazil
Corn 130 = 130 May < 131.68 Est
Beans 169 = 169 May < 169.27 Est
Argentina
Corn 50.0 = 50.0 May > 49.93 Est
Beans 49.0 = 49.0 May = 49.0 Est
CONAB Brazil Production
Beans 169.61 > 168.34 May
Corn 128.25 > 126.88 May
West-Con has Three Shuttle Loading Locations
APPLETON, MN
Hwy 119 S 458 Munsterman St.
Appleton, MN 56208
Scale Ext 1401
Elevator has 3.45 million storage
110 car shuttle loader
Twin Cities & Western
UP, CP & BNSF Railways
HOLLOWAY, MN
520 County Rd 9
Holloway, MN 56249
Scale Ext 1217
Elevator has 8.6 million storage
110 car shuttle loader on BNSF
TWIN BROOKS, SD
47229 US Highway 12
Twin Brooks, SD 57269
Scale Ext 1305
Elevator has 8.3 million storage
110 car shuttle loader on BNSF
GRAIN MARKETING TEAM
Joe Meyer Grain Dept Manager
Chris Aasland Grain Marketing
Hallie Stallman Grain Marketing
Will Stegner Grain Marketing
Brenda Wilson Grain Accounting