West Central Ag Grain Comments 09/21/26 8:13:44 AM
09/21/26
- Good morning - and welcome to "China week." After selling off to end the week last week, CBOT ag markets are mostly in the green this morning to start Monday ahead of the next round of US-China trade negotiations, which are scheduled for Thursday and are expected to produce added trade risk over the next several days. The meetings aren't the only thing going on this week, as developments in both the Middle East and the Black Sea region will continue to influence markets, along with the expanding Midwest harvest in the US, but from a headline standpoint, it's likely China and developments in relations there that drive money flows beyond mid-week. Amid the expected uptick in volatility in the coming days, we would stress risk management as as good of trading strategy as any, and would caution against chasing large price moves in either direction amid what continues to be a fairly convoluted fundamental ag backdrop.
Corn futures to start the week are trading 4-7 cents higher, soybean futures are trading 8-10 cents higher, and the Chicago wheat market is trading 7-10 cents higher
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