Loading…
The GEOGLAM Global Crop Monitor for February 2026 reports that end-January global conditions remain generally positive for wheat, maize, rice and soybeans. It flags dry weather in Argentina and Uruguay for soybeans and tropical-storm damage in Southeast Asian rice.
La Niña was present in January and is expected to return to neutral, with El Niño possible by August to October.
Broadly favorable crop conditions point to adequate supply, which limits upside for grain and oilseed prices. Dryness in Argentina is the main watch item for soybean meal and oil supply.
reliefweb.intFeb 17, 2026After 3,207 past report events, Corn moved a median +0.2% over 5 sessions (54% higher; middle half -1.3% to +1.7%), and +0.5% over 20.
After 2,389 past report events, Soybeans moved a median 0.0% over 5 sessions (50% higher; middle half -1.6% to +1.9%), and +0.1% over 20.
After 2,447 past report events, Wheat (SRW) moved a median +0.0% over 5 sessions (51% higher; middle half -1.5% to +1.8%), and +0.2% over 20.
After 349 past report events, Palm Oil moved a median +0.3% over 5 sessions (55% higher; middle half -1.0% to +2.0%), and +0.6% 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.
