What You Need to Know Today:
Corn, wheat, and the soy complex all formed new contract or at least rally highs to close what has become one of the most uniformly bullish weeks in CBOT history. Escalations in the fighting between Russia and Ukraine and attacks on civilian merchant vessels show no signs of slowing, and the odds of a protracted shutdown to the Black Sea export program are growing. Those attacks – perhaps more than any other factor this week – drove the CBOT to its new highs. Russian grain prices are reported down 36 percent this year due to the export closures, which will reduce winter wheat planting in both Ukraine and Russia. The U.S. weather forecast shifts to warmer and drier for much of the Midwest next week,...
WPI Grain Prices and Freight Rate App Note: you can also visit the app directly by clicking here. Supplemental Information The section below offers a concise view of the options available in the current version of the WPI FOB Price and Freight Rate app, along with a short “How To”...
Russian Grain Markets: 12–16 October 2026 During the week in review, the Russian grain market began recovering after an extended decline driven largely by Black Sea logistics bottlenecks, a good crop and weaker global demand in traditional Russian markets. Russia is beginning to harvest c...
What You Need to Know Today: Corn and soybeans were under heavy selling pressure as weaker (or at least as-expected) export demand runs into an accelerating harvest pace with more grain available in the spot market. Corn and soybean harvest progress remains below average across the U.S., espec...