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Wheat closed higher in consolidation trading, with Chicago and Kansas City trends down and winter wheat emergence ahead of normal in the Great Plains. Rice closed slightly higher on reports of less domestic production and El Niño concerns for Asian and Brazilian output, with Indian prices still high.
Both Russia and Ukraine reported export paces more than 50% below a year earlier.
Lower Russian and Ukrainian export pace and El Niño threats to Asian and Brazilian rice supply support wheat and rice prices, which can raise feed-grain costs for buyers. The market commentary offers no decisive new cause for the corn decline.
talkmarkets.comJack ScovilleNov 12, 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.
