Grain Comments 20.10.2026

The Australian market broadly fell on Monday with prices easing across most port zones.

Looking internationally, US wheat futures continue to ease as drier conditions in the US are expected to accelerate winter wheat planting and the pressure continues from robust global stocks.

US corn futures hit a two-month low after technical selling as clear weather across the Midwest solidified positive harvest expectations.

Chicago soybeans returned their sixth straight negative session as heavy technical selling kept prices below their 50-day average.

Ice canola futures continued to ease, pressured by broad weakness across comparable oil markets.

European rapeseed also softened.

Seedbot December 26 wheat are down $4.44 to $345 per tonne.

Ice November 26 canola are down $14.16 to $799 per tonne.

Matif November 26 canola are down $19.52 to $792 per tonne.