A volatile week of trade looks like it could be capped off with solid closes in Ags. Bean futures faced heavy downward pressure all week though held support and have bounced. Corn futures have hung in a touch better and are attempting a breakout to fresh rally highs. New crop price movements in Chicago continue to favor a big shift to corn acres over beans this spring in the U.S. Despite a 55.75c selloff since Feb 5th, SH25 is +17c off yesterday's low with CH25 taking aim at new highs above $4.98 ½ and targeting a weekly finish above the psychological $5.00 level. New crop wise, we've got CZ25 1/2c from the $4.75 mark while SX25 eyes a $10.50+ close on a weekly basis. The U.S. corn market is unwilling to break until more is known about 2nd crop safrinha corn yield prospects in Brazil and U.S. farmers desire to plant 93 mil acres. Brazil's soybean harvest is set to kick into high gear with China mostly absent from the U.S. market.

Green on the screen to kickoff off Valentine's Day trade with corn 2-4c / beans +7-10c

Crude oil is up $.52/barrel with the U.S. dollar breaching the 107.00 level with 275 point losses

Weekly U.S. Export Sales Report: solid corn/wheat sales and disappointing soybean sales

Strategie Grains estimates the EU 2025/26 wheat crop @ 127.7MT vs. 113.7 MT last year

U.S. biofuel stocks surged yesterday with U.S. President Trump set to impose 18% tariffs on Brazil's ethanol exports to the U.S.

John Deere reported lower Q1 profitability amid declining farm incomes; Projected 30% decline in Ag equipment sales in November

Chevron plans to cut 15-20% of its global workforce by next year to trim costs and boost profits, up to 9,000 jobs could be affected

Consumer price index showed avg. price of a dozen Grade A eggs in the U.S. hit $4.95 in Jan vs. $4.82 two years ago (prior record) and $2.04 in Aug '23

Buenos Aires Grains Exchange pegs Argentina's corn crop @ 67% GD/EX with 33% poor / Argentina's soybean crop @ 64% GD/EX with 36% poor

FBN survey showed 100% of atrazine, 99% of glyphosate, 85%of glufosinate, 75% of clethodim, and 49% of 2-4-D were sourced from China; U.S. imposed additional 10% tariffs on China imports last week

2025 Spring Price Running Averages: Corn - $4.69 / Beans $10.58