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The Corps reported the first barges reaching St. Paul, opening the Upper Mississippi spring navigation season. Corn export commitments are 30% above the prior year, wheat shipments are beating the USDA target, and soybean demand from China is weaker.
Strong corn and wheat export demand supports prices and barge utilization. Softer soybean demand weighs on soy prices and river volumes.
farmweeknow.comJOE CAMPApr 13, 2026After 729 past bullish trade events, Corn moved a median +0.4% over 5 sessions (56% higher; middle half -1.1% to +1.8%), and +0.5% over 20.
After 431 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% over 20.
After 803 past bearish trade events, Soybeans moved a median +0.0% over 5 sessions (51% higher; middle half -1.7% to +1.7%), and +0.9% over 20.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
