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Barchart reports December corn, November soybeans, December soybean meal and December SRW and HRW wheat all hit contract or multi-year highs on Friday. The column attributes the rally to a convergence of bullish fundamentals and technicals, while noting markets are short-term overbought.
Multi-year highs in corn, soybeans, meal and wheat raise feed input costs across livestock and feed buyers, though the column warns of a near-term correction.
barchart.comJim WyckoffAug 31, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
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.
Contract and multi-year highs in SRW and HRW with bullish technicals and fund momentum extended the rally into the next session.
Reports HRW and SRW wheat at contract or multi-year highs amid bullish fundamentals and technicals, reflecting momentum buying, though published after the window.
