Recent Soy & Oilseeds Analysis
Market Commentary: Late Corn Rally; Soyoil Aborts Complex; Wheat Splits
A mostly bullish overnight session was not sustained, splitting the soy complex and wheat. Corn rallied late to avert a loss. The morning opened with USDA’s Export Sales report reflecting the turn by buyers to lower-cost sources. There was good volume trading corn and the soy complex, and...
Summary of Futures
May 26 Corn closed at $4.435/bushel, up $0.015 from yesterday's close. May 26 Wheat closed at $5.745/bushel, up $0.0475 from yesterday's close. May 26 Soybeans closed at $11.635/bushel, down $0.015 from yesterday's close. May 26 Soymeal closed at $320.9/short ton, down $0.9 fr...
Export Sales
Export Sales and Shipments for February 13-19, 2026 Wheat: Net sales of 243,000 metric tons (MT) for 2025/2026 were down 16 percent from the previous week and 43 percent from the prior 4-week average. Export shipments of 540,000 MT were up 67 percent from the previous week and 28 percent...
U.S. Soy & Product Export Trends
With soybean and soy product exports frequently in the headlines amid the ongoing tariff and policy shifts from Washington, examining export trends is increasingly important. Thursday’s updated Export Sales report from the USDA offered some interesting statistics for these markets, and WP...
Market Commentary: Stable Policy, Conditional Demand, Weather Emerging as the Next Risk
Key Market Developments While tariffs were not addressed directly in the State of the Union, trade policy remains steady. Reports during today’s session confirmed that U.S. tariffs on China will remain in the 35 percent–50 percent range, signaling limited escalation ahead of upcomin...
Summary of Futures
May 26 Corn closed at $4.42/bushel, up $0.035 from yesterday's close. May 26 Wheat closed at $5.6975/bushel, down $0.035 from yesterday's close. May 26 Soybeans closed at $11.65/bushel, up $0.0975 from yesterday's close. May 26 Soymeal closed at $321.8/short ton, up $7.4 from...
European Market Analysis
Regional News On 20 February, Germany confirmed its first case of Newcastle disease in 18 years, after a commercial turkey flock in Neißemünde was found to be infected. Separately, Poland had two new flocks confirmed as being infected with the disease, as the country continues...
Black Sea Regional Analysis
Russian Grain Markets: 16–20 February 2026 During the week under review, the Russian grain market showed localized volatility across interior regions but remained generally stable at export terminals, the country’s primary trading platform. Among commodities, top-grade milling wheat...
Market Commentary: Soybeans Rally on PNW Export Rumors; Grains Ease on Profit Taking
The soy complex was the upside leader again on rumors of Chinese purchases of U.S. soybeans from the PNW, as well as some harvest and quality issues in Brazil. Soyoil continued to find support from hopes that the EPA will release its biofuel policy obligations in the coming few days, though no...
Summary of Futures
Mar 26 Corn closed at $4.2775/bushel, up $0.0025 from yesterday's close. May 26 Wheat closed at $5.7325/bushel, down $0.005 from yesterday's close. May 26 Soybeans closed at $11.5525/bushel, up $0.055 from yesterday's close. May 26 Soymeal closed at $314.4/short ton, up $1.9 f...
Middle East, Mediterranean, and Africa Regional Analysis
Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisia’s 2026 winter crop planting started a little late due to a lack of rainfall, but this improved in January as rainfall caught up. Winter wheat and barley crops are expected to be good for the harvest later in 2026. 20...
Market Commentary: SCOTUS Ruling, South America Weather Send CBOT Lower
The CBOT turned lower on Monday, with the back-and-forth action of the Supreme Court and President Trump regarding tariffs on foreign imports driving volatility. For the ag markets, the biggest impact of the SCOTUS ruling seems to be doubts that China will adhere to its soybean purchase plan, a...
Market Commentary: Late Corn Rally; Soyoil Aborts Complex; Wheat Splits
A mostly bullish overnight session was not sustained, splitting the soy complex and wheat. Corn rallied late to avert a loss. The morning opened with USDA’s Export Sales report reflecting the turn by buyers to lower-cost sources. There was good volume trading corn and the soy complex, and...
Summary of Futures
May 26 Corn closed at $4.435/bushel, up $0.015 from yesterday's close. May 26 Wheat closed at $5.745/bushel, up $0.0475 from yesterday's close. May 26 Soybeans closed at $11.635/bushel, down $0.015 from yesterday's close. May 26 Soymeal closed at $320.9/short ton, down $0.9 fr...
Export Sales
Export Sales and Shipments for February 13-19, 2026 Wheat: Net sales of 243,000 metric tons (MT) for 2025/2026 were down 16 percent from the previous week and 43 percent from the prior 4-week average. Export shipments of 540,000 MT were up 67 percent from the previous week and 28 percent...
U.S. Soy & Product Export Trends
With soybean and soy product exports frequently in the headlines amid the ongoing tariff and policy shifts from Washington, examining export trends is increasingly important. Thursday’s updated Export Sales report from the USDA offered some interesting statistics for these markets, and WP...
Market Commentary: Stable Policy, Conditional Demand, Weather Emerging as the Next Risk
Key Market Developments While tariffs were not addressed directly in the State of the Union, trade policy remains steady. Reports during today’s session confirmed that U.S. tariffs on China will remain in the 35 percent–50 percent range, signaling limited escalation ahead of upcomin...
Summary of Futures
May 26 Corn closed at $4.42/bushel, up $0.035 from yesterday's close. May 26 Wheat closed at $5.6975/bushel, down $0.035 from yesterday's close. May 26 Soybeans closed at $11.65/bushel, up $0.0975 from yesterday's close. May 26 Soymeal closed at $321.8/short ton, up $7.4 from...
European Market Analysis
Regional News On 20 February, Germany confirmed its first case of Newcastle disease in 18 years, after a commercial turkey flock in Neißemünde was found to be infected. Separately, Poland had two new flocks confirmed as being infected with the disease, as the country continues...
Black Sea Regional Analysis
Russian Grain Markets: 16–20 February 2026 During the week under review, the Russian grain market showed localized volatility across interior regions but remained generally stable at export terminals, the country’s primary trading platform. Among commodities, top-grade milling wheat...
Market Commentary: Soybeans Rally on PNW Export Rumors; Grains Ease on Profit Taking
The soy complex was the upside leader again on rumors of Chinese purchases of U.S. soybeans from the PNW, as well as some harvest and quality issues in Brazil. Soyoil continued to find support from hopes that the EPA will release its biofuel policy obligations in the coming few days, though no...
Summary of Futures
Mar 26 Corn closed at $4.2775/bushel, up $0.0025 from yesterday's close. May 26 Wheat closed at $5.7325/bushel, down $0.005 from yesterday's close. May 26 Soybeans closed at $11.5525/bushel, up $0.055 from yesterday's close. May 26 Soymeal closed at $314.4/short ton, up $1.9 f...
Middle East, Mediterranean, and Africa Regional Analysis
Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisia’s 2026 winter crop planting started a little late due to a lack of rainfall, but this improved in January as rainfall caught up. Winter wheat and barley crops are expected to be good for the harvest later in 2026. 20...
Market Commentary: SCOTUS Ruling, South America Weather Send CBOT Lower
The CBOT turned lower on Monday, with the back-and-forth action of the Supreme Court and President Trump regarding tariffs on foreign imports driving volatility. For the ag markets, the biggest impact of the SCOTUS ruling seems to be doubts that China will adhere to its soybean purchase plan, a...