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Corn, wheat and soybeans reached new contract highs by the close of the Friday session on August 28, 2026. Gains were attributed to falling yield expectations, strong demand, Black Sea export disruptions and a hot, dry forecast for the Plains and western Midwest as drought expands.
Multi-year contract highs across corn, wheat and soybeans raise feed grain costs, with drought and Black Sea disruptions supporting further upside in the near term.
dtnpf.comDTN AnalystsAug 28, 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.
Wheat hit new contract highs on Aug 28 on Black Sea disruptions plus hot, dry Plains forecast and expanding drought, adding supply risk to HRW.
New contract highs on Black Sea disruptions, falling yield expectations and Plains drought set up follow-through buying.
