Monitoring USDA AMS  ·  WASDE Reports

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Corn Carryout
1.790 bb
−65mb vs. cons.
Soybean Carryout
310 mb
−14mb vs. cons.
All-Wheat Carryout
722 mb
+12mb vs. cons.
Latest Flash
WASDE-673 · Jul 10, 2026
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Bloomberg Terminal costs $25,000 per year. ProFarmer runs $400. These tools were built for trading desks and producers — not the grain elevator manager or ag lender who needs the same basis context every single week to make storage and lending decisions.


Basis Brief closes that gap. Automated USDA data monitoring, basis trend analysis, and plain-English WASDE synthesis — delivered weekly to your inbox for less than the cost of a lunch meeting.

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01 — Daily

Live USDA & CME Monitoring

Our agent pulls USDA AMS cash prices from hundreds of delivery points every trading day. No manual collection. No missed data.

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WASDE Flash Alert

Within 90 minutes of each WASDE release, you receive a plain-English summary of the key supply/demand revisions for corn, soybeans, and wheat — and what they mean for basis direction.

03 — Weekly

Regional Basis Digest

Every Thursday, a 5-minute digest lands in your inbox: regional basis vs. historical range, futures snapshot, crop progress context, and a bottom-line read for your specific position.

Five minutes.
Everything that moved your market this week.

Each weekly digest is structured for the practitioner — not the analyst. Market snapshot, basis watch for your delivery region, WASDE context when relevant, and a plain-English bottom line for each commodity you track.


No charts to interpret. No data to pull. Just the numbers and the context that answer the question you're asking every week.

Basis Brief Weekly Digest
Illustrative sample · format only, not live data
01 — Market Snapshot
Corn ZC Mar468'2 ▲ 3'4
Soybeans ZS Mar1024'6 ▼ 8'2
HRW Wheat KE582'4 ▲ 5'0
02 — Basis Watch · Central Illinois Corn
Current basis−32¢
Prior week−36¢
Week-over-week+4¢ stronger
03 — WASDE Status
Next releaseAugust 12 · 12:00pm ET
04 — The Bottom Line

Corn: Basis firmed 4 cents on the week — commercial demand is absorbing available supply. Producers with unpriced bushels are in a favorable window. Watch the next WASDE for any revision to the ending stocks estimate.

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Loan officers and portfolio managers covering grain operations and row crop producers. Understand the price risk environment your borrowers are operating in without becoming commodity analysts yourself.

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Feed Mill Managers

Grain buyers for livestock and poultry operations managing corn and soybean meal procurement. Stay current on basis direction and supply/demand fundamentals to time your forward contract decisions.

Corn · Soybean Meal
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Mid-market food manufacturers purchasing corn, wheat, and soy derivatives. Get the commodity market context behind your ingredient cost exposure — without subscribing to institutional data feeds.

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WASDE Flash alerts for national corn, soybean, and wheat markets.

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  • National-level corn, soybeans, hard red winter wheat
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A practitioner-grade audio curriculum covering grain basis mechanics, WASDE interpretation, and physical market structure — built for elevator operators, ag lenders, and feed mill managers who need the context, not just the data.

Seven episodes. 3 hours 43 minutes. Everything you need to understand why basis is the only number that determines whether your operation made money this week.

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Past reports.
Every release, on the record.

Each WASDE Flash is published within two hours of the USDA release and archived here permanently. Free to read — no account required.

July 10, 2026 · WASDE-673
Feed Demand Reckoning Cuts Corn Carryout 170 Million
Corn −65mb vs. consensus Soybeans −14mb vs. consensus Wheat +12mb vs. consensus

The June 30 Grain Stocks report forced a 150-million-bushel upward revision to old-crop feed and residual use, draining beginning stocks and dropping new-crop corn carryout to 1.790 billion bushels. Wheat fell to 722 million — the lowest U.S. production since 1970/71 — but still printed above trade expectations.

Read report →
June 11, 2026 · WASDE-672
A Wheat Report — HRW Production Cut Tightens Carryout
Corn neutral Soybeans unchanged Wheat −16mb vs. consensus

Corn and soybeans were rolled forward untouched. Wheat carried the entire signal: an 18-million-bushel production cut on lower Hard Red Winter yields dropped all-wheat carryout to 744 million bushels, 20 percent below last year.

Read report →
May 12, 2026 · WASDE-671
First 2026/27 Balance Sheets Land Sharply Bullish on Wheat
Corn −3mb vs. consensus Soybeans −43mb vs. consensus Wheat −79mb vs. consensus

USDA's first look at 2026/27 delivered the sharpest downside surprise of the year in wheat — 762 million bushels, 79 million under consensus, on a Hard Red Winter production forecast down 25 percent. Soybeans came in 43 million bushels under consensus on aggressive crush and export assumptions.

Read report →
April 9, 2026 · WASDE-670
USDA Acknowledges Tariff Toll on Soybean Exports
Corn unchanged Soybeans −35mb exports Wheat +7mb — slightly bearish

USDA formally acknowledged tariff-driven soybean export destruction with a 35-million-bushel export cut, offset by higher domestic crush demand. Corn held flat despite record March 1 stocks. Wheat carryout raised to 938 million bushels on a minor use reduction.

Read report →
March 10, 2026 · WASDE-669
USDA Holds All Three Commodities Unchanged
Corn −25mb vs. consensus Soybeans +7mb vs. consensus Wheat neutral

USDA declined to adjust export forecasts in corn or soybeans despite divergent signals from the physical market — corn commitments running 31% above year-ago pace, soybean sales running 18% behind.

Read report →
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