Trader PhD Ag Marketing

At Trader PhD, we bring expert grain and livestock market advice wherever and whenever you need it. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. FUTURES TRADING INVOLVES SUBSTANTIAL RISK AND IS NOT SUITABLE FOR ALL INVESTORS.

This week’s CommodityChat episode takes a look at yesterday’s WASDE report and the first official look into the 2026/27 crop year. Nick and Dawson cover everything you need to know, watch on YouTube now: youtu.be/cp3Jzdhn1h4

How are export sales for the upcoming crop years? Corn - lowest since 2010/11 Soybeans - lowest since 2000/01 Wheat - lowest since 2023/24 Cotton - highest since 2024/25

This week’s U.S. Drought Monitor showed improvements in conditions across the South and Southeast, with degradation in the Pacific Northwest, Plains, and New England. The area of the country experiencing some level of dryness increased to 76.3 percent.

The USDA confirmed the flash sale of 252,000 MT of soybeans sold to unknown destinations. Of the total, 120,000 MT is for delivery during the 2025/26 marketing year, and 132,000 MT is for delivery during 2026/27.

U.S. ethanol production jumped 6.4% higher last week to an average of 1.082 million barrels a day. Output was also 9% above the same week last year. Ethanol inventories fell 4.4% to 24.87 million barrels.

The Bermuda High is projected to bring moisture back into parts of the ag belt, how will it impact crops? Our latest Farmer Forecast interview with Eric Snodgrass, Nutrien Ag Solutions, has the prediction. Start your Trader PhD free trial to watch now: traderphd.com/free-trial

WASDE results are in for May 2026/27 new crop corn, soybeans and wheat. Check out our Trader PhD Instant Analysis:

US Corn Planting Progress is running approx. 5% ahead of the five-year average at 57% complete, with Michigan the only state running significantly behind average. Tennessee corn farmers are nearly done planting, sitting at 92% planted compared to the state average of 75%.

The USDA will release the May WASDE on Tuesday - our analysts broke down what factors will influence the report and what it is expected to report. Check it out on the Trader PhD app now: traderphdapp.com/2026/05/11/usd…

The USDA confirmed the following flash sales on Monday: 220,000 MT of corn sold to Mexico for 2025/26 160,000 MT of corn sold to Mexico for 2026/27 128,000 MT of corn sold to South Korea for 2025/26

The Green Markets North American fertilizer price index dipped 3% this week to $921 per ton. Stay up-to-date with the latest fertilizer news and how it might impact your farm with a Trader PhD free trial: traderphd.com/free-trial

This week’s U.S. Drought Monitor showed some relief in the South, with some conditions degradation along the East coast. Currently, 75.34% of the country is experiencing some level of dryness, compared to 79.08% four weeks ago.

Reports that the United States and Iran are closing in on a deal to end the war sent energies and grains sharply lower on Wednesday. Can the markets hang on to their recent rally? Check out the latest Commodity Chat episode: youtu.be/OoruGyWmKs8

🌽How can ethanol production affect the US corn balance sheet? Corn used for ethanol is behind pace to reach the USDA’s target. That adds pressure on exports to keep chipping away at supplies. We break it down regularly in the Trader PhD mobile app. traderphd.com/free-trial

Monthly Grain Trade Update - March 2026 • Corn exports up 30% YTD (2025/26) • Soybeans down 26% • Soybean meal up 9% • Wheat up 18% • Cotton down 7% You can view the full breakdown on the Trader PhD mobile app: traderphd.com/free-trial

How will May’s weather affect your planting? Farmers: get the info you need with Trader PhD Farmer Forecast interviews with Eric Snodgrass, Atmospheric Scientist at Nutrien Ag Solutions. Start a free trial to watch the latest forecast. Sign up today: traderphd.com/free-trial

The USDA's Crop Progress report showed that US #soybean planting continued to run ahead of the five-year average despite a fair amount of rainfall. Corn planting was also higher than the average pace.

US Grain Export Inspections - Week Ending April 30: *Corn: 2,028k MT vs 1,657k MT prior. YTD +31% at 55.48 MMT *Soybeans: 450k MT vs 638k MT prior. YTD -24% at 33.27 MMT *Wheat: 434k MT vs 370k MT prior. YTD +12% at 22.29 MMT

US soybean crushings continued to move along at a record pace in March. Soy crush totaled 227.4 million bushels, up 10% from last year. Year-to-date processing is 8.6% ahead of last year at 1.56 billion bushels.

The Green Markets North American fertilizer price index rose nearly 3% this week to $950 per ton. A few weeks ago, the index rose to its highest since May 20, 2022. Stay up-to-date with the latest news impacting your farm: traderphd.com/free-trial