What You Need to Know Today:
The day belonged to the bulls as fund buying and technical momentum boosted corn, soybeans, and wheat to new rally or contract highs. Wheat futures exploded Wednesday around the world after Russia indicated it will increase its attacks on Ukrainian export infrastructure. Iran’s IRGC says it has reached an agreement with Oman to reopen the Strait of Hormuz but said the strait will remain closed if the U.S. does not accept its conditions. U.S. intelligence agencies said they took control of several sites used by Chinese state-sponsored hackers that have previously infiltrated sensitive U.S. government agencies.
The Big Picture: Nearly all the major ag futures contracts were higher on Wednesday as fun...
Key Takeaways: Expected returns to production for U.S. cow-calf producers have shifted lower from prior forecasts as cattle values fall and feed costs rise. Producer revenues are forecast 4–5 percent below our July outlook and will be 3 percent below 2025 levels. Costs are quickly...
Russian Grain Markets: 17–21 August 2026 The Russian grain market continued to decline during the third week of August as the Black Sea blockade severely disrupted export logistics. The resulting loss of export capacity is pressuring domestic prices and increasing storage concerns as the...
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”...
