| Name | Value | Date | Basis | Source |
|---|---|---|---|---|
| Corn | $5.01/bu | December 2026 futures | CME Group via Yahoo Finance ↗ | |
| Soybeans | $12.94/bu | November 2026 futures | CME Group via Yahoo Finance ↗ | |
| Soybean meal | $356.40/US ton | December 2026 futures | CME Group via Yahoo Finance ↗ | |
| Soybean oil | $0.6831/lb | December 2026 futures | CME Group via Yahoo Finance ↗ | |
| SRW wheat | $6.75/bu | December 2026 futures | CME Group via Yahoo Finance ↗ | |
| HRW wheat | $7.32/bu | December 2026 futures | CME Group via Yahoo Finance ↗ | |
| Live cattle | $222.88/cwt | December 2026 futures | CME Group via Yahoo Finance ↗ | |
| Feeder cattle | $334.35/cwt | November 2026 futures | CME Group via Yahoo Finance ↗ | |
| Lean hogs | $69.38/cwt | December 2026 futures | CME Group via Yahoo Finance ↗ |
A sharply larger 2026 Ukrainian sunflower crop, combined with war-damaged crushing capacity and elevated logistics costs, is pushing domestic seed purchase prices and sunflower oil values lower as the harvest accelerates into early October.
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.
Ukrainian wheat prices remain depressed but stable as Black Sea export logistics keep volumes well below capacity, while German feed wheat trades sideways at elevated levels. The discount of Ukrainian origins to Western European benchmarks is expected to persist into early October 2026.
China's 2026/27 soybean output is projected at roughly 20.95 million tons, marginally above last year, but the market is increasingly split between high-protein, food-grade beans commanding firm premiums and ordinary, lower-protein supplies facing harvest-period price pressure. Wet and cool weather in key northeastern provinces around late September is complicating fieldwork and drying logistics, adding quality and timing risk to an otherwise stable volume outlook.
Ukrainian corn FOB and FCA prices at Odesa edged lower on 24 September 2026 as active Black Sea export flows kept seller competition intense, while French FOB corn firmed and German EXW values held broadly steady. CMB News expects mostly stable to mildly softer indications across Brazil, Germany and Ukraine over the next three days.
Nestlé Purina has announced a €55 million investment to modernise its Portogruaro, Italy pet food facility, coinciding with the plant's 40th anniversary. The upgrade targets super-premium and veterinary diet production capabilities, including manufacturing flexibility, digitalisation, and a new on-site wastewater treatment plant, without increasing the site's current annual output of more than 130,000 tonnes.
The U.S. Grains & BioProducts Council escorted a 19-member South Korean feed and food corn buyer delegation on a multi-state tour of the U.S. corn export chain in September 2026, covering farms, ethanol facilities, grain handling sites and Pacific Northwest export terminals, as U.S. corn holds more than 80% of South Korea's import market so far this year.
A strengthening El Niño event, combined with fertilizer shortages, geopolitical tensions, and elevated energy costs, could push global food and feed commodity prices up by 14–16%, according to procurement consultancy Beroe. Key feed ingredients including corn, vegetable oils, and sugar face varying levels of supply and price risk, with the full market impact potentially not materialising until 2028.
CBOT soybean futures eased modestly on 23 September 2026, with soybean oil leading declines and meal outperforming, as traders consolidated recent gains ahead of a key U.S.–China diplomatic summit. Ukrainian FOB prices slipped while basis held firm on below-average yields and Black Sea risk. China's August soybean imports remained historically large but showed a 12% year-on-year drop from the U.S., highlighting continued origin diversification. Early South American planting began under a wetter pattern, introducing mild bearish signals for new-crop supply.
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.
Philippine corn production is projected to fall 14.4% to 2.08 million tonnes following typhoon damage, with El Niño conditions forecast to intensify into late 2026. The supply squeeze is accelerating feed-industry interest in drought-tolerant millet as a partial corn substitute, while European and Black Sea export prices remain broadly stable.
A series of typhoons in the Philippines has reduced July–September 2026 corn production by an estimated 14.4%, tightening regional feed grain availability and pushing up input cost risk for Southeast Asian feed manufacturers. CBOT December 2026 corn futures are trading around 529 USc/bu, while buyers consider alternative grains including millet.
