West Central Ag Grain Comments 10/15/2026 8:00:50 AM
MidCo comments: 10/15/26
- Good morning. Chicago ag markets are similar this morning to how they ended the day on Wednesday, with the beans and bean oil extending losses on the downside while the meal is higher and the grains are caught in the middle and near unchanged. We've talked about it all week, but market inputs continue to be rather scarce outside of the same handful of items we've talked about for some time now. Traders and the markets are slowly transitioning from the US growing season to the South American growing season, but the bigger picture themes like El Niño, the wars in the Black Sea and in Iran, and Chinese buying aren't going anywhere.
Corn futures to start Thursday are trading either side of unchanged again, soybean futures are trading 3-4 cents lower, and the Chicago wheat market is trading around a penny higher.
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