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Wheat futures pushed to fresh highs overnight on January 29 while corn and soybeans traded within the prior day's range. Trump warned Iran to reach a nuclear deal or face strikes, lifting front-month crude to a four-month high, while the US dollar index fell.
Higher crude and a weaker dollar support commodity prices broadly, and crude strength raises biofuel-linked soy oil and corn ethanol values.
profarmer.comLane AkreJan 29, 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.
