General Comments It was a very quiet and lackluster trading day following a week of significant gains in corn, soybeans and wheat. This week's gains were the result of several factors, including:
Dollar weakness; Crude oil strength; More fund money flowing back into commodities in general; More reductions in production forecasts for Argentina and Brazil; Uncertain weather in Argentina and Brazil; Good weekly export sales, including more corn to China; Tight farmer holding and strong basis; and, Record short positions by funds in Chicago wheat that saw short covering.
There was some profit-taking across the board today ahead of the weekend, but no significant selling pressure was noted. Volume was subdued.U.S. financial mark...
What You Need to Know Today: Declining crop conditions ratings and shaky results from the Pro Farmer crop tour sent grains sharply higher on Tuesday. The Pro Farmer tour in Ohio pegged the state yield at 180.18 BPA, about 5.5 BPA below the tour’s 2025 estimate. Similarly, the Pro Farmer...
Mediterranean/Middle East/North Africa/Africa – MEA Region Egypt is the largest importer of Brazilian maize in the first six months of 2026. Egypt imported about 28.4 percent of maize exports, or about 1.7 million MT. Iran was the third-largest importer at 14.5 percent, or 900,000 MT, fol...
Based on a Depression-era statute, President Trump imposed 50 percent tariffs on $20 billion of exports to the U.S., or about 5.2 percent of the $383 billion worth of goods the U.S. imported from Canada in 2025, according to U.S. Census Bureau data. Of that total, about $39.3 billion was agricu...