Aug 14, 2026 · 20 min · 9 segments
Try our Ag marketing program for free: https://riskmanagement.farms.com/?ret...#USDA #corn #soybeans #wheat #canola #CFTC #Brazil #DTN #ukraine #russiaukrainewar #russia #inflation #iranwar USDA’s…
Let's, as we usually do, start with the weekly quote chart for the markets.
And as you guys can see, the grains markets had a higher close, a lot of that owing to the friendly USDA August 1st day crop report.
due to some of the switches in the weather narrative and also continued geopolitical issues that seem to be supporting some of the grain commodities.
Corn was up by about 20 cents, closing at 4.59. Soybeans higher as well, along with the products.
So Chicago wheat up by 35 cents, closing at 6.75. Kansas wheat up by 40 cents, closing at 7.54. Minneapolis wheat was slightly lower.
The livestock markets were also lower.
Hogs and cattle closing lower for the week.
The stock markets had a boy in week.
A lot of that owing to some easing of the U.S. inflationary fears, and we'll get into that shortly.
And also strong earnings from the tech sector, which has been supporting the stock market.
On the currency side of things, the Canadian dollar had a higher close, a lot owing to some easing in the US dollar index, and also due to a buoyant crude oil market.
The Iran war is not really close to a peace deal, and that is supporting the crude oil market.
Let's, as we usually do, start with the weekly quote chart for the markets.
And as you guys can see, the grains markets had a higher close, a lot of that owing to the friendly USDA August 1st day crop report.
due to some of the switches in the weather narrative and also continued geopolitical issues that seem to be supporting some of the grain commodities.
Corn was up by about 20 cents, closing at 4.59. Soybeans higher as well, along with the products.
So Chicago wheat up by 35 cents, closing at 6.75. Kansas wheat up by 40 cents, closing at 7.54. Minneapolis wheat was slightly lower.
The livestock markets were also lower.
Hogs and cattle closing lower for the week.
The stock markets had a boy in week.
A lot of that owing to some easing of the U.S. inflationary fears, and we'll get into that shortly.
And also strong earnings from the tech sector, which has been supporting the stock market.
On the currency side of things, the Canadian dollar had a higher close, a lot owing to some easing in the US dollar index, and also due to a buoyant crude oil market.
The Iran war is not really close to a peace deal, and that is supporting the crude oil market.
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