Roach Ag Daily Grain Plan

Helping grain producers with our Daily Grain Plan newsletter and Sell Signals for several decades.

[Roach Ag Daily Grain Plan @RoachAg]

We are matching up to $50,000 dollars in donations to our friends at @GoservG as they deploy a small team to assist with Hurricane Helene relief in Southern Georgia. We've worked with @GoservG for years, they are an excellent organization and we hope you'll join us in supporting them.

To make a contribution, follow this link --> https://t.co/3bScLldgE5.

[Roach Ag Daily Grain Plan @RoachAg]

US weekly export sales were disappointing again this week, as volumes came in at the low sides of the trade ranges for most old and new crop data. The lone exception was new crop soybean sales, which came in near the high side of trade estimates, however the total was still relatively small at 243k tons.

For the second week in a row, old crop wheat sales volume was negative, reflecting the shift of sales from the old crop year into the new crop year.

[Market to Market @MarketToMarket]

The weather story has already played out in wheat country, but the Corn Belt is not quite there yet. Brad Matthews of @roachag is on our Market Plus.
https://t.co/veOkYWINqE

[Market to Market @MarketToMarket]

The Iran situation keeps fertilizer prices high. Brad Matthews of @roachag is on our Market Plus.
https://t.co/veOkYWIfB6

[Market to Market @MarketToMarket]

The longs are leaving many of the commodities. Brad Matthews of @roachag tells us what their exit means in our Market Analysis and the importance of bean oil.
https://t.co/CYZHZEvLp3

[Market to Market @MarketToMarket]

What will China do? That’s the million dollar question. Brad Matthews of @roachag is on our Market Plus.
https://t.co/veOkYWINqE

[Roach Ag Daily Grain Plan @RoachAg]

Planting progress remains ahead of the five-year average, with plantings for corn at 86%, soybeans 79%, and spring wheat at 86% complete. Emergence rates for these three crops also remain ahead of average pace.

[Roach Ag Daily Grain Plan @RoachAg]

Corn sales for export rebounded in a big way last week, soaring above analyst expectations back to more than 2 million metric tons (MT) after tumbling 700k MT the previous week.

Sales of 2025-26 soybeans were also sharply higher at 351,400 MT. China had no reported purchases, leaving unknown destinations as the largest buyer with nearly 172,000 MT.

[Roach Ag Daily Grain Plan @RoachAg]

Monday’s Crop Progress report estimated the US corn crop was 76% planted and 39% emerged, while the soybean crop was 67% planted and 32% emerged. All these values remain ahead of the five-year average. The initial condition ratings for corn and soybeans are likely a couple of weeks away, as the USDA does not provide condition ratings until emergence reached 50%.

[Roach Ag Daily Grain Plan @RoachAg]

From the USDA daily exports:

155,000 metric tons of soybean cake and meal for delivery to Italy during the 2025/2026 marketing year. #oatt

[Roach Ag Daily Grain Plan @RoachAg]

From the USDA daily exports:

252,000 metric tons of soybeans for delivery to unknown destinations. Of the total, 120,000 metric tons is for delivery during the 2025/2026 marketing year, and 132,000 metric tons is for delivery during the 2026/2027 marketing year. #oatt

[Roach Ag Daily Grain Plan @RoachAg]

Export inspections of soybeans posted a solid increase last week to offset a modest reduction in still-hefty corn inspections.

[Roach Ag Daily Grain Plan @RoachAg]

Yesterday’s Crop Progress report put US corn at 57% planted, with 23% emerged, while soybeans were 49% planted and 20% emerged. All those values are ahead of the five-year average, largely eliminating early planting worries.

[Roach Ag Daily Grain Plan @RoachAg]

From the USDA daily exports:

380,000 metric tons of corn for delivery to Mexico. Of the total, 220,000 metric tons is for delivery during the 2025/2026 marketing year, and 160,000 metric tons is for delivery during the 2026/2027 marketing year

128,000 metric tons of corn for delivery to South Korea during the 2025/2026 marketing year

[Roach Ag Daily Grain Plan @RoachAg]

From the USDA daily exports:

148,240 metric tons of corn for delivery to unknown destinations. Of the total, 78,240 metric tons is for delivery during the 2025/2026 marketing year, and 70,000 metric tons is for delivery during the 2026/2027 marketing year. #oatt

[Roach Ag Daily Grain Plan @RoachAg]

Sales of 2025-26 soybeans fell to a net 258,100 metric tons (MT) as China’s tab of more than 199,000 MT included 192,000 MT switched from unknown destinations.

Corn sales for 2025-26 rose 21% to nearly 1.6 million MT with export shipments above 1.6 million MT. Wheat sales soared 75% to 226,100 MT for 2025-26 with another 156,700 MT booked for 2026-27.

[Roach Ag Daily Grain Plan @RoachAg]

Corn sales rose 3% to 1,400,600 metric tons (MT) during the week ending April 9 while wheat declined 39% from the previous week and soybeans slumped to a marketing-year low of 247,900 MT.

[Roach Ag Daily Grain Plan @RoachAg]

Export sales of 2025-26 corn and wheat were solid last week while soybeans sagged, according to Thursday’s USDA tally.

[Roach Ag Daily Grain Plan @RoachAg]

Inspections for corn and soybean exports increased last week with corn doing better than expected by rising above 2 million metric tons, according to the USDA update on Monday.
At the same time, inspections of wheat and sorghum were lower but landed within analyst ranges.

[Roach Ag Daily Grain Plan @RoachAg]

Soybean inspections rose to nearly 1 million metric tons last week as China continued to make room for additional cargoes ahead of a likely trade agreement with the United States.

[Roach Ag Daily Grain Plan @RoachAg]

From the USDA daily exports:

230,560 metric tons of corn received in the reporting period for delivery to unknown destinations during the 2025/2026 marketing year #oatt