A volatile start to the trading week sees wheat, corn, and soybean markets reacting to policy shifts, weather uncertainties, and global demand fluctuations. A weakening U.S. dollar, export trends, and planting progress in South America continue to shape market sentiment.
The wheat market is riding a wave of strong gains, with both soft red winter (Chicago) and hard red winter (Kansas City) wheat futures climbing to their highest levels in over three months as of February 14.
Over the past week, wheat, corn, and soyoil futures in Chicago increased, while soybean and soymeal futures declined. In Paris, the March wheat contract fell, the May contract remained unchanged, and contracts for the next harvest rose significantly. Corn futures followed a similar pattern to wheat, while rapeseed futures saw a notable increase.
The grain markets are opening Friday with positive momentum across wheat, corn, and soybeans, as traders position themselves ahead of the long weekend.
Wheat, corn, and soybean futures posted modest gains on Thursday as global production forecasts, export activity, and weather developments shaped market sentiment.
A mix of export activity, shifting weather patterns, and production estimates are shaping the grain market as the trading session begins on Thursday. Global demand signals, supply concerns, and geopolitical factors are playing a significant role in market sentiment.
Chicago Board of Trade (CBOT) grain futures saw mixed movements on February 12, with wheat and soybeans posting losses while corn managed a slight gain. Pressure from global competition, shifting demand expectations, and weather developments in key production regions shaped the trading session.
Chicago grain futures saw a mixed but overall weaker close on Tuesday, as soybeans, corn, and wheat struggled to hold onto gains despite key global developments, including shifting South American production estimates, China’s demand outlook, and ongoing Russian and Brazilian trade activity.
With the USDA’s WASDE report due later in the day, traders are closely monitoring supply forecasts and global trade flows. Here's how wheat, corn, and soybean futures are positioned at the start of Tuesday’s session and the broader factors shaping today's market.
