The see-sawing this week over the war reflects the folly of buying the rumor. Hopes that Vladimir Putin will end the war ended after he said he would continue pursuing Ukrainian “traitors and western aligned scum.” Given his long history of misleading, no one should have been selling wheat like they did yesterday. The selling was so deep that the trading limit for SRW and HRW was moved up to $1.30 for today’s trading, but it wasn’t necessary. Wheat is back net higher for the past five days’ trading, while soybeans and corn are down slightly.
Volume was not very large today, indicating a possible consensus about true value, or complete cluelessness. USDA’s Export Sales report this mo...
Key Market Insights Macro: Dollar Up, Stocks Down The U.S. dollar moved higher today, creating another headwind for American exports. A stronger dollar makes U.S. commodities more expensive on the global market and can make it harder for exporters to compete against South American and Black Sea...
Key Takeaways: Australia's wheat crop is expected to decline sharply in 2026/27 as dry conditions and high input costs reduce planted area and yield potential. Some Australian farmers are shifting acreage from wheat to barley and canola in response to weather and profitability concerns.&...
Russian Grain Market, 25-29 May 2026 Russian grain markets remained firm across most of European Russia last week, while activity in Asian regions was more mixed. Farmer selling remains limited despite large carryover stocks, helping support domestic values. The spread between old-crop and new-...
