The CBOT was mixed for the day with wheat futures sinking lower after the HRW and SRW growing regions received favorable rains Wednesday and early Thursday. That, combined with export pressure from Russia and the Black Sea countries, put wheat on the defensive with funds emerging as net sellers again. The pressure in wheat spilled over into corn and pushed the spot December contract lower, though bear spreading lifted deferred markets. Strong export sales and a rally in soyoil sent the soybean market higher, though the charts still look bearish. The markets are now largely focused on export trends and prices, weather for the Northern Hemisphere winter wheat crops, and rains in Argentina and Brazil. Seasonally, futures are approaching t...
Russian Grain Markets: 28 September–2 October 2026 During September, the Russian grain market clearly divided between export demand in the Baltic and Caspian seas. While Caspian business is still developing, Baltic business is showing greater stability and is becoming an important indicat...
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”...
What You Need to Know Today: U.S. corn condition ratings took a surprise turn for the worse in Monday’s report, with 54 percent rated good/excellent (down 3 percent). Dry weather in the U.S. Wheat Belt is stalling planting and causing concerns for the 2027 crop, in turn boosting futures...
In a letter last week to President Trump, Zippy Duvall, president of the American Farm Bureau Federation (AFBF), wrote that diesel prices are squeezing farmers’ margins. As Duvall wrote: Higher diesel expenses are hitting farmers at one of the most fuel-intensive times of the year —...
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