Daily Commodity Market Analysis -- 08/21/2026

Corn led the way again today, pushing through the multiyear high we have been watching most of the week before settling just a few cents shy of its 2023 contract high. Beans traded lower overnight and most of the session, buy too firmed late and rallied into the close, while wheat gave back a touch of this week's strength. A fresh flash sale of soybeans to China, one of the largest in nearly a year, kept demand in the conversation even as the real story of the day was still ahead of us.

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