Corn, beans and wheat firm overnight after Thursday's drop
Published
Dec corn is at $4.48¼ overnight, up 5¾ cents after two straight lower closes. Jan beans are at $12.37¼ and Dec wheat at $5.95. Thursday's selling got partly undone before the weekend, but corn still sits near its recent low.
Only on AGSIST
Basis firmed this week: Ohio corn +7¢ (47 of 55 bids moved), Indiana corn +5¢ (49 of 59) and Missouri corn +5¢ (22 of 32).
Each state's middle change in a week, across bids matched with the same elevator's same delivery and futures month; states with 30 or more such bids from 8 or more companies.
Counted by code from the elevator boards AGSIST reads itself, not by the writer of this briefing. A week's change is each bid against the same elevator's same delivery and futures month a week before. Quote it with the date and a link to agsist.com/daily/2026-11-13. How this briefing is made · Monthly: AGSIST Cash Bid Index
- Dec corn is at $4.48¼ overnight, up 1.3%, after Thursday's second lower close.
- Farmdoc says market watchers distrust this year's corn yield estimates after a USDA data error.
- December hogs settled Thursday at $55.15, down 1.6%, while USDA AMS puts national cash at $43.72 carcass base.
- Packers killed an estimated 487,000 hogs Thursday against 494,000 a week ago, USDA AMS says.
- Monday, Nov 16, 3 p.m. CTCrop Progress. Dec corn back under $4.42½ would say Thursday's low is being tested.
- Friday, Dec 112026 ARC/PLC signup deadline at FSA.