Recent Soy & Oilseeds Analysis
Summary of Futures
May 26 Corn closed at $4.6725/bushel, up $0.0475 from yesterday's close. May 26 Wheat closed at $6.1375/bushel, up $0.1525 from yesterday's close. May 26 Soybeans closed at $12.2525/bushel, down $0.02 from yesterday's close. May 26 Soymeal closed at $322.7/short ton, up $2.5 f...
Market Commentary: Another Week of War and Commodity Gains
Corn and soybeans closed lower in the overnight session, and wheat joined them in trading lower this morning for a brief period before a turnaround that also pulled corn higher by the close. Soybeans couldn’t quite get there but did manage to erase the double-digit losses seen earlier in...
Export Sales
Export Sales and Shipments for February 27-March 5, 2026. Wheat: Net sales of 455,400 metric tons (MT) for 2025/2026 were up noticeably from the previous week and up 49 percent from the prior 4-week average. Export shipments of 432,000 MT were up 24 percent from the previous week, but dow...
Summary of Futures
May 26 Corn closed at $4.625/bushel, up $0.0225 from yesterday's close. May 26 Wheat closed at $5.985/bushel, up $0.0375 from yesterday's close. May 26 Soybeans closed at $12.2725/bushel, up $0.1325 from yesterday's close. May 26 Soymeal closed at $320.2/short ton, up $4.8 fro...
Market Commentary: Energy Volatility Sets the Tone for Commodities
Key Market Developments Crude oil has been the architect behind the violent price swings seen across the grain markets over the last four trading sessions. Corn, soybeans, and wheat have been trading almost as a mirror to crude oil, with speculative capital moving rapidly between markets as ene...
Oilseed Highlights – Cargill vs. China; Biodiesel Margins Surge
Cargill Suspends Soybean Exports to China Cargill has stopped buying soybeans from Brazilian farmers following new regulatory and sanitary/phytosanitary requirements in the country. The Brazilian government’s recent adoption of stricter sanitary evaluations of soybeans destined for China...
WASDE Soybeans - Mar 2026
USDA’s outlook for 2025/26 U.S. soybeans had increased imports and crush, but ending stocks remained unchanged from last month. The average annual soybean price is projected unchanged at $10.20 per bushel. The soybean meal price is increased by $5 per short ton to $300. The soybean...
Market Commentary: Easing But Not Ending Novelty and Risk
There were more modest volumes trading in today’s session, perhaps reflecting growing resilience and circumspection about geopolitical uncertainties. The trade has had an ample opportunity to react to the modest changes in USDA’s March WASDE report, and there is still plenty of expe...
Summary of Futures
May 26 Corn closed at $4.6025/bushel, up $0.08 from yesterday's close. May 26 Wheat closed at $5.9475/bushel, up $0.0375 from yesterday's close. May 26 Soybeans closed at $12.14/bushel, up $0.1225 from yesterday's close. May 26 Soymeal closed at $315.4/short ton, up $0.9 from...
Black Sea Regional Analysis
Russian Grain Markets: 2–6 March 2026 During the week of 02–06 March, the Russian grains market stabilized and showed early signs of recovery across most grains, while pulses remained weak. The developing bullish tone reflects geopolitical developments and movements in global commod...
Market Commentary: Oil Volatility Drives CBOT More than WASDE
Usually, the day USDA releases its monthly world supply and demand report – known colloquially as “WASDE day” – sees heightened volatility in CBOT ag futures. That was true again Tuesday, though there was little causal connection between the WASDE and the market’s...
Summary of Futures
May 26 Corn closed at $4.5225/bushel, down $0.015 from yesterday's close. May 26 Wheat closed at $5.91/bushel, down $0.1225 from yesterday's close. May 26 Soybeans closed at $12.0175/bushel, up $0.055 from yesterday's close. May 26 Soymeal closed at $314.5/short ton, up $1 fro...
Summary of Futures
May 26 Corn closed at $4.6725/bushel, up $0.0475 from yesterday's close. May 26 Wheat closed at $6.1375/bushel, up $0.1525 from yesterday's close. May 26 Soybeans closed at $12.2525/bushel, down $0.02 from yesterday's close. May 26 Soymeal closed at $322.7/short ton, up $2.5 f...
Market Commentary: Another Week of War and Commodity Gains
Corn and soybeans closed lower in the overnight session, and wheat joined them in trading lower this morning for a brief period before a turnaround that also pulled corn higher by the close. Soybeans couldn’t quite get there but did manage to erase the double-digit losses seen earlier in...
Export Sales
Export Sales and Shipments for February 27-March 5, 2026. Wheat: Net sales of 455,400 metric tons (MT) for 2025/2026 were up noticeably from the previous week and up 49 percent from the prior 4-week average. Export shipments of 432,000 MT were up 24 percent from the previous week, but dow...
Summary of Futures
May 26 Corn closed at $4.625/bushel, up $0.0225 from yesterday's close. May 26 Wheat closed at $5.985/bushel, up $0.0375 from yesterday's close. May 26 Soybeans closed at $12.2725/bushel, up $0.1325 from yesterday's close. May 26 Soymeal closed at $320.2/short ton, up $4.8 fro...
Market Commentary: Energy Volatility Sets the Tone for Commodities
Key Market Developments Crude oil has been the architect behind the violent price swings seen across the grain markets over the last four trading sessions. Corn, soybeans, and wheat have been trading almost as a mirror to crude oil, with speculative capital moving rapidly between markets as ene...
Oilseed Highlights – Cargill vs. China; Biodiesel Margins Surge
Cargill Suspends Soybean Exports to China Cargill has stopped buying soybeans from Brazilian farmers following new regulatory and sanitary/phytosanitary requirements in the country. The Brazilian government’s recent adoption of stricter sanitary evaluations of soybeans destined for China...
WASDE Soybeans - Mar 2026
USDA’s outlook for 2025/26 U.S. soybeans had increased imports and crush, but ending stocks remained unchanged from last month. The average annual soybean price is projected unchanged at $10.20 per bushel. The soybean meal price is increased by $5 per short ton to $300. The soybean...
Market Commentary: Easing But Not Ending Novelty and Risk
There were more modest volumes trading in today’s session, perhaps reflecting growing resilience and circumspection about geopolitical uncertainties. The trade has had an ample opportunity to react to the modest changes in USDA’s March WASDE report, and there is still plenty of expe...
Summary of Futures
May 26 Corn closed at $4.6025/bushel, up $0.08 from yesterday's close. May 26 Wheat closed at $5.9475/bushel, up $0.0375 from yesterday's close. May 26 Soybeans closed at $12.14/bushel, up $0.1225 from yesterday's close. May 26 Soymeal closed at $315.4/short ton, up $0.9 from...
Black Sea Regional Analysis
Russian Grain Markets: 2–6 March 2026 During the week of 02–06 March, the Russian grains market stabilized and showed early signs of recovery across most grains, while pulses remained weak. The developing bullish tone reflects geopolitical developments and movements in global commod...
Market Commentary: Oil Volatility Drives CBOT More than WASDE
Usually, the day USDA releases its monthly world supply and demand report – known colloquially as “WASDE day” – sees heightened volatility in CBOT ag futures. That was true again Tuesday, though there was little causal connection between the WASDE and the market’s...
Summary of Futures
May 26 Corn closed at $4.5225/bushel, down $0.015 from yesterday's close. May 26 Wheat closed at $5.91/bushel, down $0.1225 from yesterday's close. May 26 Soybeans closed at $12.0175/bushel, up $0.055 from yesterday's close. May 26 Soymeal closed at $314.5/short ton, up $1 fro...