Grain Market Insider Interactive Quote Board

Grain Market Highlights

🌽 Corn: Corn ended the session higher today, supported by continued demand for U.S. corn.
🌱 Soybeans: Soybeans ended the session lower, pressured by movement in the U.S. dollar.
🌾 Wheat: Wheat futures closed higher as ongoing weakness in the U.S. dollar provided support to the market.
The USDA announced that farmers who qualify for the Farmer Bridge Assistance (FBA) Program can expect payments to be released by February 28, 2026.
To see the updated U.S. 7-day precipitation forecast as well as the Brazil and Argentina one-week forecast total precipitation courtesy of the National Weather Service, Climate Prediction Center and NOAA, scroll down to the other Charts/Weather section.

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Corn

Action Plan: Corn

Calls

Cash

Puts

Corn Action Plan Summary

2025 Crop:

Plan A:
- Target 470 against March 2026 futures to sell a portion of your crop.
Plan B:
- Buy call options if March 2026 futures close above 475 macro resistance.
Details:
- Sales Recs: Nine sales recommendations have been made to date, with an average price of 456.64.
- Changes:
  - None.
- Notes:
  - Key resistance for the macro trend sits at 475 vs March 2026. A close above 475 would signal a potential shift to a macro uptrend, triggering a call option purchase.

2026 Crop:

Plan A:
- Target 466 against December 2026 futures to sell another portion of your crop.
Plan B:
- Buy call options if December 2026 futures close above 487 macro resistance.
Details:
- Sales Recs: Four sales recommendations have been made to date, with an average price of 462.
- Changes:
  - A Plan A target has been added.
- Notes:
  - Resistance for the macro trend sits at 487 vs December 2026. A close above 487 would signal a potential shift to a macro uptrend, triggering a call option purchase.

To date, Grain Market Insider has issued the following corn recommendations:

Market Notes: Corn

The corn market was supported by buying strength in the wheat market and continued export demand to help move prices slightly higher on the session. March corn gained ¾ cents to 430 ¾, and the May contract added 1 cent to 439.
USDA announced weekly exports sales on Thursday morning. For the week ending January 22, the USDA reported new sales of 1.649 MMT for the current marketing year. This was towards the bottom end of market expectations and well-off last week’s total. Total corn export sales are still at a record pace and up 18% over last year.
Forecasts call for hot and dry conditions across key corn-growing areas in Argentina. While the country had been projected to produce a record crop, recent weather has lowered expectations as crop ratings have slipped. Potentially beneficial rainfall could arrive in early February.
The Rosario Grain Exchange lowered its ratings for Argentina’s corn crop as hot and dry weather persists, cutting good-to-excellent conditions by 6% to 46%.
Despite the recent rally in corn futures, the National Corn Index has trended lower over the past several sessions. The NCI reflects movements in basis levels and cash corn prices, with ample supplies and producer selling limiting gains in the cash market.

Soybeans

Action Plan: Soybeans

Calls

Cash

Puts

Soybeans Action Plan Summary

2025 Crop:

Plan A:
- Target 1151 against March 2026 futures to sell a portion of your crop.
Plan B:
- None.
Details:
- Sales Recs: Four sales recommendations made to date, with an average price of approximately 1067.75.
- Changes:
  - The Plan A sale target has been lowered to 1151 from 1162.
- Notes:
  - None.

2026 Crop:

Plan A:
- Target 1224 against November 2026 futures to sell a portion of your crop.
Plan B:
- Sell a portion of your crop if November 2026 futures break below 1045.
- Buy call options if November 2026 futures close above 1142 macro resistance.
Details:
- Sales Recs: One sales recommendation has been made so far to date.
- Changes:
  - None.
- Notes:
  - Key support for November 2026 futures is at 1045 – a break below this level would indicate the potential for a trend change. A stop is used to allow the current market trend to continue developing and will only trigger a sale recommendation if prices close below this level.
  - Resistance for the macro trend sits at 1142 vs November ‘26. A close above 1142 would signal a potential shift to a macro uptrend, triggering a call option purchase.

To date, Grain Market Insider has issued the following soybean recommendations:

Market Notes: Soybeans

Soybeans ended the day lower after giving up earlier gains and reversing lower. Initial support came from a weaker U.S. dollar, but the dollar recovered later, pressuring grains. March soybeans lost 2-3/4 cents to $10.72-1/4 while November lost ¼ cent to $10.89-3/4. March soybean meal lost $1.80 to $296 and March soybean oil lost 0.28 cents to 54.03 cents.
Today’s export sales report was middle of the road for soybeans at 30.1 million bushels, which was within trade estimates but toward the lower end of the range. Top buyers included China, unknown destinations, and Egypt. Last week’s export shipments totaled 46.6 mb, exceeding the weekly pace needed to meet USDA expectations.
Soybean crush for the month of December is estimated at 230.4 million bushels according to Reuters. If realized, this would be up 4.5% from the 220.5 mb crushed in November and up 5.9% from the 217.7 mb crushed in December 2024. The estimates range between 227 and 234.5 mb.
South American weather likely supported soybeans today as southern Brazil remains dry, potentially stressing the crop. Argentina is also experiencing dryness, and key growing areas have missed recent spotty showers. Soil moisture and crop conditions have declined and are expected to continue falling.

Wheat

Market Notes: Wheat

The wheat complex closed higher again today, with MIAX spring wheat futures leading the advance. Ongoing weakness in the U.S. dollar continued to provide underlying support across the wheat markets. March Chicago wheat futures settled 5-1/2 cents higher at $5.41-1/2, Kansas City wheat futures closed up 4-3/4 cents at $5.47, and MGEX spring wheat futures finished 7-1/2 cents higher at $5.81-1/2.
USDA released net wheat export sales this morning for the week ending January 22, 2026. Sales totaled 558,000 metric tons, coming in near the upper end of pre-report trade expectations.
China has auctioned 564,000 metric tons of wheat so far in January, with domestic prices continuing to trend higher. In response, authorities are set to increase weekly auction volumes to 300,000 metric tons beginning next week. Wheat prices had been depressed following the 2025 harvest, prompting the Chinese government to step in and purchase wheat for the first time since 2020. The move marks a notable reversal in China’s domestic wheat balance.
Ongoing weakness in the U.S. dollar continues to provide underlying support to the wheat markets by improving the competitiveness of U.S. exports on the global stage. A softer dollar makes U.S. wheat more attractively priced relative to key exporters such as Russia, the EU, and Australia, helping keep U.S. offers in the conversation even as global supplies remain ample. While this currency tailwind alone has not driven a sustained rally, it has helped limit downside pressure and reinforce nearby support levels across the wheat complex.

Action Plan: Chicago Wheat

Calls

Cash

Puts

2025 Crop:

Plan A:
- Target 591.25 for the next sale.
Plan B:
- None.
Details:
- Sales Recs: Six sales recommendations made to date, with an average price of approximately 631.25.
- Changes:
  - None.
  - Notes:
    - Resistance for the macro trend sits at 594 vs March ’26. A close above 594 would signal a potential shift to a macro uptrend, triggering a call option purchase.

2026 Crop:

Plan A:
- Target 585.75 vs July ‘26 for the next sale.
Plan B:
- Buy call options if July 2026 futures close above 669 macro resistance.
Details:
- Sales Recs: One sales recommendation made to date at 624.
- Changes:
  - None.
- Notes:
  - Resistance for the macro trend sits at 669 vs July 2026. A close above 669 would signal a potential shift to a macro uptrend, triggering a call option purchase.

2027 Crop:

Plan A:
- Target 690 vs July ‘27 for the next sale.
Plan B:
- None.
Details:
- Sales Recs: One sales recommendation made to date at 595.75.
- Changes:
  - None.
- Notes:
  - None.

Action Plan: KC Wheat

Calls

Cash

Sell MAR ’26 Cash

Puts

2025 Crop:

New Alert: Sell a portion of your 2025 Kansas City wheat crop today.
Plan A:
- Target 563 to make the next cash sale.
Plan B:
- None.
Details:
- Sales Recs: Eight sales recommendations made to date, with an average price of approximately 590.
- Changes:
  - None.
- Notes:
  - March Kansas City wheat futures have rallied nearly 40 cents following the December 2025 low and have begun testing technical resistance near 550. Given these market conditions, Grain Market Insider is recommending a sale at current prices.
  - Resistance for the macro trend sits at 590.50 against March ‘26. A close above 590.50 would signal a potential shift to a macro uptrend, triggering a call option purchase.

2026 Crop:

Plan A:
- Target 617 vs July ‘26 to make the first cash sale.
Plan B:
- Buy call options if July 2026 closes at or above 648.
Details:
- Sales Recs: Zero sales recommendations made so far to date.
- Changes:
  - None.
- Notes:
  - Resistance for the macro trend sits at 648 vs July 2026. A close above 648 would signal a potential shift to a macro uptrend, triggering a call option purchase.

To date, Grain Market Insider has issued the following KC recommendations:

Action Plan: Mpls Wheat

Calls

Cash

Puts

2025 Crop:

Plan A:
- No active targets.
Plan B:
- None.
Details:
- Sales Recs: Five sales recommendations made to date, with an average price of 646.
- Changes:
  - None.
- Notes:
  - Resistance for the macro trend sits at 590.50 vs March ‘26. A close above 590.50 would signal a potential shift to a macro uptrend, triggering a call option purchase.
  - FYI – KC options are used for better liquidity.

2026 Crop:

Plan A:
- No active targets.
Plan B:
- Buy call options if July 2026 KC wheat closes at or above 648.
Details:
- Sales Recs: Two sales recommendations have been made to date, with an average price of 654.
- Changes:
  - None.
- Notes:
  - Resistance for the macro trend sits at 648 vs July 2026. A close above 648 would signal a potential shift to a macro uptrend, triggering a call option purchase.
  - FYI – KC options are used for better liquidity.

To date, Grain Market Insider has issued the following KC recommendations:

Other Charts / Weather

Above: US 7-day precipitation forecast courtesy of NOAA, Weather Prediction Center.

Above: Brazil and Argentina one-week forecast total precipitation courtesy of the National Weather Service, Climate Prediction Center