Daily Commodity Market Analysis -- 08/26/2026
After Tuesday's already sharp rally, corn tacked on another double digit gain today, beans added even more than that, and wheat blew past both of them with by far its sharpest move in weeks before eventually closing limit up. Reports that Russia now views peace talks as a dead end and is preparing to escalate the war were the catalyst, pushing every grain to a fresh high and leaving beans within a couple cents of their best level in more than three years. Another round of Chinese soybean buying kept demand in the conversation too, with our own math now putting China's purchases past the halfway mark of their 25 million metric ton commitment for the year.
Comments