What You Need to Know Today:
End-of-month profit taking sent the CBOT broadly lower, though corn and soybeans managed to post small gains to continue their rallies. Turkey’s foreign ministry claimed to have a plan to ensure safe passage for both Ukrainian and Russian grain vessels via the Black Sea and Bosphorus Strait (which Turkey alone controls). USDA Secretary Rollins announced Monday the creation of the Ranchers First Initiative, which is a broad package of actions aimed at rebuilding the Great American Beef Herd and following the October 2025 Trump White House’s Plan to Fortify the American Beef Industry. U.S. Treasury Secretary Bessent thanked the EU for embracing the U.S. actions that target Iran’s financial syste...
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...
