As June begins, corn and soybean markets are shifting from geopolitics and outside-market headlines back toward weather, planting progress, basis, and supply expectations. In this episode of The Ag View Pitch, Chris Barron visits with Jeff Fichtelman to break down what farmers should be watching during the June 1–5 marketing week.
They discuss old crop corn basis, how much grain may still be in farmer hands, why strong basis opportunities do not always line up with flat price, and how farmers can think through basis-only contracts. Jeff also explains why managed money fund positions matter, how fund selling can pressure nearby futures, and why the market may be vulnerable if speculators continue liquidating long corn and soybean positions.
The conversation also covers wet conditions and replant concerns in parts of the Eastern Corn Belt, late planting risk, USDA yield expectations, new crop corn and soybean sales, harvest delivery bushels, cost of carry, and why emotion often gets in the way of good grain marketing decisions.
For farmers looking at 2026 crop sales, old crop movement, harvest basis, or whether to price more corn and soybeans before summer weather takes over, this episode gives a practical look at the decisions that matter right now.
Topics covered: corn prices, soybean prices, grain marketing, old crop basis, new crop sales, fund selling, managed money, Eastern Corn Belt planting delays, harvest bushels, cost of carry, crop insurance planting window, and June market outlook.