Corn $4.64 and beans $12.47 hold; crude up 2.2% to $99.24
Published
Corn is at $4.64 overnight, up three-quarters of a cent from Wednesday's $4.63¼ settle, after lower closes. Soybeans are at $12.47, up 1¾ cents, after eight straight lower closes. Crude is the mover at $99.24, up 2.2%, as Houthi strikes on Saudi targets and Iran's ship claims lift oil.
Only on AGSIST
On Wednesday, Oct 21, 1,665 of the 1,710 elevators AGSIST reads posted a higher cash corn bid than Tuesday, 33 a lower one; 195 changed their basis, 65 weaker and 130 stronger.
12 unchanged; median change 3¢ higher. Biggest state move: Iowa, 3¢ higher (380 elevators). 1 outlier left out.
On Wednesday, Oct 21, 1,371 of the 1,491 elevators AGSIST reads posted a lower cash soybean bid than Tuesday, 120 a higher one; 254 changed their basis, 113 weaker and 141 stronger.
0 unchanged; median change 4¢ lower. Biggest state move: Oklahoma, 6¢ higher (45 elevators).
Corn basis on Oct 22 ran from 55¢ over December futures in Texas to 85¢ under in North Dakota, state medians of the elevators AGSIST read at 5:47 a.m. CT.
Elevators behind each median: Texas 17, North Dakota 45. 15 states with 15 or more.
Counted by code from the elevator boards AGSIST reads itself, not by the writer of this briefing. A day's change is each board's last posted bid against its own on the trading day before, same delivery period. Quote it with the date and a link to agsist.com/daily/2026-10-22. How this briefing is made · Monthly: AGSIST Cash Bid Index
Corn harvest price so far: $4.85 vs $4.62 projected (+5.0%), 15 of 22 trading days in.
Soybeans harvest price so far: $12.76 vs $11.09 projected (+15.1%), 15 of 22 trading days in.
Ours: the average of the daily CBOT settles through Oct 21, figured the way USDA RMA does. RMA posts corn at $4.87 and soybeans at $12.78, both through Oct 20. Window and projected price: USDA RMA, as of Oct 21. Oct 1-31 window, most states. Harvest price tracker →
- Dec corn is at $4.64 overnight, up ¾ cent, the first higher close after a streak of lower ones.
- Soybeans are at $12.47, up 1¾ cents, and Wednesday was the eighth lower close in a row.
- Wheat held near $6.28 as talk of Black Sea peace talks gave winter wheat some support.
- WTI is at $99.24 overnight, up 2.2%, as Houthi attacks on Saudi targets and Iran's claim of seven ships hit pushed Brent above $111.
- Lean hogs settled Wednesday at $65.73, down 2.1%, the one real loser on the livestock board.
- Live cattle settled at $230.43, up 0.4%, and feeders at $347.83, up 0.6%.
- Thursday, Oct 22, 7:30 a.m. CTExport sales. Soybean sales under 1.5 MMT would look soft after eight lower closes.
- OngoingWTI above $100 would put diesel costs back in the spotlight; under $95 would ease it.
- OngoingDec corn back under $4.60 would say harvest supply is winning again.