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The GEOGLAM Crop Monitor for April reports generally favourable global conditions for wheat, maize, rice and soybeans as of March 28. Concerns are noted for wheat in North America, Europe and the Middle East, dryness in western Argentina and Uruguay, and soybean harvesting continuing in Brazil.
Broadly favourable crop conditions limit near-term supply worries, so the report is mildly bearish for grain prices, with the wheat and Argentine maize dryness flags offering some support.
cropmonitor.orgApr 2, 2026After 406 past neutral report events, Wheat (SRW) moved a median -0.2% over 5 sessions (47% higher; middle half -1.6% to +1.5%), and +0.0% over 20.
After 770 past neutral report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.1% to +1.6%), and +0.7% over 20.
After 563 past neutral report events, Soybeans moved a median -0.1% over 5 sessions (48% higher; middle half -1.7% to +1.6%), and -0.1% over 20.
After 50 past neutral report events, Rough Rice moved a median -0.0% over 5 sessions (50% higher; middle half -1.9% to +1.5%), and -1.2% over 20.
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.
