West Central Ag Grain Comments 08/17/26 7:51:24 AM
08/17/26
- Good morning. Ag trade to start the new week has been mixed and generally quiet overnight, with corn and soybean futures higher while the wheat market sags on largely the same themes that were present going into the weekend last week. While weather and crop tours across the Midwest are going to continue to attract a lot of attention in the coming weeks, the big question on the geopolitical front now is when does vessel traffic begin to normalize in the Black Sea and surrounding areas and what kind of export capacity from the region has been lost. This is not a short-term market story, and unfortunately is going to likely have price influence well into the fall and winter.
Corn futures to get Monday morning started are trading 1-2 cents higher, soybean futures are trading 5-6 cents higher, and the Chicago wheat market is trading 3-6 cents lower.
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