Markets started the Sunday night session steady to just slightly higher, but wheat and corn closed this morning down a penny with soybeans 3-4 cents lower. Then during most of today’s session, corn was steady to slightly higher with wheat and soybeans lower. The following two major events this week will impact the markets:
It is Election Day tomorrow in the U.S. The outcome is still very uncertain today, although it appears Democrats will regain the House of Representatives and Republicans will hold the Senate. USDA will release its updated production estimates and supply/demand revisions Thursday. The market is looking for very slight reductions in the U.S. corn and soybean yield estimates.
There are also reports that the pres...
Markets are caught between reasons to keep selling and reasons to take another look. Fund liquidation and renewed peace talks are pressuring grains, while fresh export business and some diesel relief offer encouragement. Corn recovered nearly 10 cents from its low to finish higher, while soybea...
Key Takeaways: President Trump announced $8 billion in additional agricultural assistance through the Harvest Fuel Relief Program, as USDA projects farm fuel and oil expenses will increase 28.8 percent in 2026. The package follows $12 billion in earlier relief, while government farm payments w...
Key Takeaways: A student group from the University of Chicago is protesting to bring back onion futures trading. Trading in onion futures was banned in 1958 following a spectacular bout of market manipulation that resulted in a corner of the physical market. The ban on onion futures led t...
