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Grain futures retreated on March 2 as US dollar strength offset gains in crude oil, with soybeans and soymeal lower and soyoil firmer. Analysts cited risk-off trade tied to escalating Middle East tensions, and Brazil's corn estimates were revised.
Higher crude oil supports soyoil and biofuel demand, while a stronger dollar and risk-off sentiment pressure soymeal and corn prices.
profarmer.comPro Farmer EditorsMar 2, 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.
