| 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 ↗ |
US weekly export sales for corn, soybeans, and wheat for the week ended September 17 all came in below or at the low end of trade expectations, with Pro Farmer citing a stronger US dollar and elevated prices as potential demand headwinds. Meanwhile, the US-China trade truce was extended by two months, and USDA reported a daily soybean sale to China.
U.S. grain futures on September 25, 2026 finished near session highs after early selling pressure gave way to a recovery driven by a weaker dollar and trade-deal optimism. December corn edged up fractionally, November soybeans posted weekly gains on news of a U.S.-China trade subset agreement, while wheat futures ended the week lower amid a sustained price downtrend. Persistent Midwest rains are delaying harvest and tightening soybean supplies at processors.
U.S. Trade Representative Jamieson Greer said on 25 September 2026 that a bilateral Board of Trade agreement with China would protect selected agricultural exports from future tariff retaliation, with full details expected on 28 September. The trade truce has also been extended through January 2027, but an unresolved Section 301 overcapacity investigation could complicate the arrangement.
Corn, soybean, and wheat futures faced sharp selling pressure on 25 September 2026, with all three grain markets breaking down technically amid disappointing outcomes from the Trump-Xi summit, a potential Iran-U.S. deal that pressured crude oil, and rising U.S. Treasury yields. USDA's Hogs & Pigs report added a bearish tone to cattle markets while offering a modestly supportive signal for lean hog futures.
Corn, soybean, and wheat futures all closed lower on 23 September 2026, pressured by weak ethanol output, lower EU and UK crop forecasts from Coceral, ongoing Black Sea military strikes, and shifting South American production outlooks, according to an ADM Investor Services market commentary.
Grain and oilseed futures closed mostly lower on 22 September 2026, according to ADM Investor Services analyst Mark Soderberg. Corn drifted back toward session lows while managed money extended a long position that ADMIS described as a potential record high. Soybeans finished mixed, soybean meal protein value reached a seven-month high, and wheat futures fell sharply amid ongoing Black Sea conflict and softening global supply signals.
Corn futures pulled back toward technical support on September 23, 2026, erasing Monday's gains, while a USDA daily export sale to Mexico, a high-stakes Xi-Trump summit in Washington, a proposed U.S. diesel export ban, and a projected 70% surge in global biofuel output by 2030 combined to create a complex backdrop for feed-grain and oilseed markets.
Italy's soft wheat flour exports rose nearly 15% year on year in the first half of 2026, with the United States becoming the largest buyer after a 38% surge in imports, even as Black Sea wheat prices remain subdued and global grain benchmarks stay under pressure.
Tunisia's state grains agency has purchased around 125,000 tonnes of soft wheat at $311.72–314.23/tonne C&F for October–December shipment, setting a clear pricing floor for Mediterranean destinations and limiting near-term downside for Black Sea and EU export origins.
Chicago corn futures rose on 21 September 2026, driven by trader positioning ahead of US–China talks that could unlock new Chinese grain purchases and by persistent Black Sea supply uncertainties. Gains were broad-based but moderate, with the market still awaiting concrete outcomes from the summit.
Argentina's 2026/27 wheat output is forecast to fall sharply from the previous season's record, while war-related disruptions continue to constrain Black Sea exports. Together, the two developments are tightening global high-quality wheat availability and pushing Chicago futures to a multi-year high, raising import costs for buyers in North Africa, the Middle East and Asia.
Pakistan's Trading Corporation of Pakistan (TCP) has tendered for 750,000 tonnes of 2026-crop milling wheat on CFR Karachi/Gwadar terms at around USD 320–325 per tonne, but the high landed cost of imports — compounded by freight, port charges, and currency weakness — is expected to support rather than ease domestic wheat prices. Global benchmark prices from Ukraine, the EU, and the US have softened modestly in September, but analysts note Pakistan's firmness is driven by internal cost and currency dynamics rather than global supply tightness.
