General Comments Today's grain and soy markets had a pre-report feeling about them. Volume was thin, trading ranges were narrow and price movements were choppy. It is as though markets were afraid to trade ahead of Thursday's WASDE. The market consensus is that cuts in South American corn and soybean production and some tightening of U.S. supply/demand balances will give the WASDE a bullish cast. That can explain why no one wants to sell the market ahead of the report, but it does not explain why apparently no one wants to buy it.We cannot recall a day when trading ranges for CME corn, soybeans and wheat were all so narrow. March soybeans traded in a 6.5-cent range; March corn's range was 3.75 cents; and CME March wheat moved in a 5-cent...
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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...