| Name | Value | Date | Basis | Source |
|---|---|---|---|---|
| Corn | $4.97/bu | December 2026 futures | CME Group via Yahoo Finance ↗ | |
| Soybeans | $12.77/bu | November 2026 futures | CME Group via Yahoo Finance ↗ | |
| Soybean meal | $347.00/US ton | December 2026 futures | CME Group via Yahoo Finance ↗ | |
| Soybean oil | $0.6863/lb | December 2026 futures | CME Group via Yahoo Finance ↗ | |
| SRW wheat | $6.83/bu | December 2026 futures | CME Group via Yahoo Finance ↗ | |
| HRW wheat | $7.34/bu | December 2026 futures | CME Group via Yahoo Finance ↗ | |
| Live cattle | $221.40/cwt | December 2026 futures | CME Group via Yahoo Finance ↗ | |
| Feeder cattle | $331.07/cwt | November 2026 futures | CME Group via Yahoo Finance ↗ | |
| Lean hogs | $70.08/cwt | December 2026 futures | CME Group via Yahoo Finance ↗ |
USDA's latest quarterly grain stocks report shows US corn inventories rose 35% year-on-year to 2.10 billion bushels as of 1 September 2026, driving the December CBOT contract to a six-week low near 499 US cents per bushel. EU and Black Sea physical prices remain broadly stable amid ample global supply, with Brazil still shipping large export volumes and China projecting a strong 2026 harvest.
The USDA's September 30, 2026 quarterly stocks report showed corn inventories well above market expectations, a bearish signal for the feed grain, while wheat stocks came in below forecasts and soybean stocks were slightly supportive, according to an analysis by ADM Investor Services.
Soybean futures and products on the Chicago Board of Trade are undergoing modest profit-taking after a strong late-summer rally, with US September 1 inventories running about 3% below last year and Chinese demand continuing to underpin prices across the complex.
Cal-Maine Foods reported a net loss of $58.6 million for the first quarter of fiscal 2027, reversing a $199.3 million profit a year earlier, as average conventional shell egg prices dropped 59.3% following an industry-wide flock repopulation. Net sales fell 41.5% to $539.6 million.
U.S. Trade Representative Jamieson Greer said on October 1, 2026, that there is no set timetable for implementing proposed tariff reductions covering roughly $60 billion in U.S.-China trade, citing required legal and public comment processes. The announcement tempers expectations raised by a September 27 agreement, and leaves key agricultural commodities — including non-seed soybeans — facing continued uncertainty.
Wheat prices in the Rhine region are moving largely sideways heading into Q4 2026 and early 2027, with bread wheat quoted at 240 EUR/t for October–December and only a modest 4–5 EUR/t carry into Q1 2027. Corn and rapeseed are sending stronger price signals, with EU corn commanding a clear premium over feed wheat and rapeseed posting the steepest forward curve in the complex, drawing feed-sector attention away from wheat.
US corn and wheat futures recovered from multi-week lows on October 1, 2026, while soybeans fell across the complex. Key market drivers included a record-high US winter wheat acre abandonment rate, a sharp cut to Russia's wheat export forecast, surging US soybean export commitments led by China, and record combined biodiesel and renewable diesel production in July.
The United States and China have agreed to pursue reciprocal tariff reductions covering $60 billion worth of goods, including US corn, wheat and meat as well as Chinese consumer products, following a presidential summit in Washington. Non-seed soybeans — the largest US agricultural export to China — were excluded from China's list, prompting criticism from the American Soybean Association and a sharp drop in Chicago soybean futures. The two sides also extended their trade truce through to 10 January and agreed on an agriculture working group.
Animal feed prices in Bangladesh have climbed nearly 7% since early August 2026, driven by sharp rises in corn, soybean meal and rice bran costs. Feed mills say they are still absorbing losses despite two price increases, while poultry farmers are cutting production and protests have erupted in several districts.
Indian organic starch corn FOB New Delhi has edged up to EUR 1.32/kg as a lagging kharif maize acreage, a weak monsoon backdrop and firm global corn sentiment keep sellers in a strong position. Black Sea and EU supply remain competitive but cannot fully offset the structural risk premium supporting Indian export-grade corn.
China has published a 1,619-tariff-line list of U.S. products eligible for consideration for lower tariffs, covering corn, wheat, cotton, beef, pork, dairy and ethanol, but notably omitting commercial (non-seed) soybeans and distillers dried grains with solubles (DDGS). Actual tariff reductions remain pending domestic legal processes in each country, and the widely cited "30-for-30" figures represent a 2024 trade valuation benchmark rather than a purchasing or savings commitment.
Deoxynivalenol (DON), commonly known as vomitoxin, is emerging as a significant problem in the 2026 corn harvest, prompting grain handlers including Dayton Cargill to test every load. The heat-stable mycotoxin concentrates in distillers dried grains and poses regulatory and financial risks for the animal feed industry.
