General Comments After a slow start, grain and soy markets continued their impressive rally again today with most contracts posting double-digit gains. The spot March soybean contract managed to close above $13.00 and the highest level in more than five months. Corn posted a seven-week high and has now completely recovered what it lost in the aftermath of USDA's bearish January reports. And wheat -- well, wheat just goes along for the ride.The main driver today was freshly managed investment money entering or returning to the grain markets. Funds bought near 20,000 corn contracts and 9,000-10,000 soybean contracts. Funds also bought about 5,000 contracts of CME wheat, but that was mostly covering a small slice of the record large fund sh...
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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...