
The World Bank forecasts its international grain price index will rise 14.1% in 2026 and 9.3% in 2027. It expects US HRW wheat to average $311/t in 2026, with corn at $223/t and barley at $164/t, and sees soybean meal, oil and energy prices also climbing.
A forecast of continued grain price increases on supply risks and Black Sea disruption supports feed cost expectations for buyers heading into 2027.
After 180 past bullish report events, Wheat (HRW) moved a median +0.4% over 5 sessions (53% higher; middle half -2.1% to +3.7%), and -0.6% over 20.
After 1,040 past bullish report events, Corn moved a median +0.5% over 5 sessions (62% higher; middle half -0.9% to +2.0%), and +0.8% over 20.
Not enough comparable past events yet for a historical read.
After 414 past bullish report events, Soybean Meal moved a median -0.1% over 5 sessions (48% higher; middle half -2.1% to +2.3%), and +0.3% 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.