AGSIST DAILY · ARCHIVE
Friday, November 13, 2026
! Cautious

Corn, beans and wheat firm overnight after Thursday's drop

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

  1. 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

Week so far: Corn +1¢ (+0.23%), Soybeans +25 1/4¢ (+2.12%), Wheat −7¢ (−1.18%)
Month to date: Corn −5 1/4¢ (−1.17%)
Last trades as of 5:45 AM CT Fri, not the settle · change vs Thu settle · Yahoo Finance, delayed
THE NUMBER
$43.72
cash hogs, carcass base per cwt
USDA AMS puts national negotiated cash hogs at $43.72 on 3,067 head killed Nov 11. December futures settled at $55.15.
Grains bounce overnight
  • 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.
Doubt about the yield number keeps corn jumpy.
Hogs and cattle
  • 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.
Futures sit well above what packers pay in cash.
TODAY'S WATCH LIST
  • 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.
OUTSIDE THE PITNot moving prices today, but worth knowing.
DISEASE
The largest facility to fight New World screwworm is hiring, a step toward protecting cattle from the fly.
Source: USDA (.gov)
GRAINS
After a data error, analysts question USDA's national corn yield, which matters for stocks and prices.
Source: farmdocdaily.illinois.edu
INPUTS
Crude is still down about 20% from its late-October peak, which eases the pressure on diesel costs.
Source: oilprice.com
POLICY
Governors have asked EPA about 2027 biomass-based diesel volumes, which bear on soybean oil demand.
Source: farmdocdaily.illinois.edu
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CME overnight quotes (5:46 a.m. CT), USDA AMS, Farmdoc Daily, AgWeb, USDA · Compiled 5:48 AM CT Fri