As you might guess, it is all about the conflict in the Middle East this week when discussing anything connected to energy or freight markets. Rate estimates, fuel costs, and insurance premiums (if available) have all skyrocketed since the U.S. attacked Iran and Iran attacked 15 of its neighbor...
May 26 Corn closed at $4.535/bushel, up $0.0975 from yesterday's close. May 26 Wheat closed at $5.8375/bushel, up $0.155 from yesterday's close. May 26 Soybeans closed at $11.7925/bushel, up $0.0975 from yesterday's close. May 26 Soymeal closed at $309.3/short ton, down $0.6 f...
Export Sales and Shipments for February 20-26, 2026. Wheat: Net sales of 203,100 metric tons (MT) for 2025/2026 were down 16 percent from the previous week and 42 percent from the prior 4-week average. Export shipments of 348,900 MT were down 35 percent from the previous week and 24 percent fro...
Feeder cattle sales were up over a year ago in February, but much of that was due to February 2025 sales being light. Still, the increase in activity bears watching, both for what it implies about feedlot placements and for herd rebuilding. In the four weeks ending February 27, total feed...
May 26 Corn closed at $4.535/bushel, up $0.0975 from yesterday's close. May 26 Wheat closed at $5.8375/bushel, up $0.155 from yesterday's close. May 26 Soybeans closed at $11.7925/bushel, up $0.0975 from yesterday's close. May 26 Soymeal closed at $309.3/short ton, down $0.6 f...
Export Sales and Shipments for February 20-26, 2026. Wheat: Net sales of 203,100 metric tons (MT) for 2025/2026 were down 16 percent from the previous week and 42 percent from the prior 4-week average. Export shipments of 348,900 MT were down 35 percent from the previous week and 24 percent fro...
Feeder cattle sales were up over a year ago in February, but much of that was due to February 2025 sales being light. Still, the increase in activity bears watching, both for what it implies about feedlot placements and for herd rebuilding. In the four weeks ending February 27, total feed...
Key Market Developments Markets opened mixed after reports that Iran signaled a willingness to discuss ending the conflict with the United States. Sentiment improved further after President Trump stated that U.S. strikes had significantly degraded Iranian military capabilities and outlined meas...
War-related upward pressure in petroleum prices continues to provide support to grain prices. Brent crude oil hit $85/barrel and WTI crude rose 8.5 percent, its biggest jump since July 2024 and the first time above $80/barrel in over a year. HRW hit its highest price in a year, corn broke throu...
Key Market Developments Markets opened mixed after reports that Iran signaled a willingness to discuss ending the conflict with the United States. Sentiment improved further after President Trump stated that U.S. strikes had significantly degraded Iranian military capabilities and outlined meas...
May 26 Corn closed at $4.4375/bushel, down $0.0275 from yesterday's close. May 26 Wheat closed at $5.6825/bushel, down $0.0575 from yesterday's close. May 26 Soybeans closed at $11.695/bushel, down $0.01 from yesterday's close. May 26 Soymeal closed at $309.9/short ton, down $...
Russian Grain Markets: 23–27 February 2026 The Russian grain market turned bearish during the final week of February as global trends and heavy domestic stocks pressured values across most regions. According to updated 2025 crop data from Rosstat, total grain production reached 141.15 mil...
Old World Order The geopolitical impacts of the war on Iran continue, but Wall Street recovered today, aided by strong employment data. Iran announced a ban on food exports to protect its own food security. The measure will impact sales of saffron, pistachios, dates, and other products. While o...
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”...
Four days into the U.S.-Iran conflict, it is becoming apparent that the conflict will last longer than a few days, and impacts could be more widespread than expected. That sentiment drove macroeconomic and commodity futures markets on Tuesday, which meant risk-off trading in the macro sector an...
War and China The U.S. and Israeli attacks on Iran also involve China, tangentially if not directly. Iran has been supplying about 13.4 percent of China’s oil imports, roughly 1 million barrels per day. The attacks follow the U.S. removal of Venezuela’s leader, a country that is a s...
Don’t have an account yet? Sign Up