Chicago grain futures closed the week higher on Friday after a weak session the day before. US weekly wheat export sales fell to a crop-year low of 183 kt, while corn sales jumped to 2.9 Mt and soybean sales slowed to 1.16 Mt; USDA also confirmed additional sales to Mexico, China, Vietnam and unknown destinations.
December 2026 SRW wheat rose 9.0 c/bu to $5.93, December corn gained 3.0 c/bu to $4.46, and January 2027 soybeans rose 12.5 c/bu to $12.31.
Persistent Black Sea risk premiums are supporting wheat, while strong corn export demand and Conab's cut to Brazilian corn export estimates tighten feed grain supply for buyers. Expect firm grain prices as long as export flows and geopolitical risk remain the main drivers.
After 434 past bullish trade events, Wheat (SRW) moved a median +0.0% over 5 sessions (50% higher; middle half -1.3% to +2.1%), and +0.5% 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.