Geopolitical events could cause a shake-up in wheat. This week, President Trump said he has begun talks to help end the war in Ukraine.
Brian Hoops with Midwest Market Solutions says that news caught the market’s attention.
“Trump is trying to end the war between Russia and Ukraine, and if that happens, does that mean that Russia stops dumping cheap wheat onto the world market to fund their war? No war, no cheap wheat hitting the markets, we may see a little bit more competitive balance for world wheat trade if that does in fact happen.”
Another area traders are watching is South America. Conab recently put out numbers for Brazil’s soybean crop, leaving it largely unchanged from last season, but weather has not been very cooperative.
“It looks like the early yields were a little bit poor but are starting to pick up, improving now. It looks like we’re going to get some drier forecasts going forward and maybe some rain in southern Brazil and Northern Argentina. So, I would say the harvest weather is improving,” said Don Roose.
We should have a better idea where global crops stand next month when the WASDE report comes out March 11th.
Kansas State University agricultural economist Dr. Gregg Ibendahl discusses rising diesel prices, the influence of global oil markets, and the potential impact on farmers heading into the spring planting season.
March 16, 2026 11:21 AM
·
Rising protein demand supports long-term trade in feed and meat.
March 15, 2026 05:00 AM
·
Vive’s Art Graves shared insights on the new Phobos FC 360 foliar fungicide, its advantages for Canadian growers, early performance results, and the company’s ongoing commitment to advanced crop protection solutions.
March 13, 2026 03:31 PM
·
F-10 Wound Spray can now be used for livestock and other animals as officials monitor the ongoing New World Screwworm outbreak in Mexico.
March 13, 2026 01:31 PM
·
China’s stricter inspection rules prompt Cargill to pause soybean exports from Brazil, briefly lifting U.S. soybean prices as traders anticipate potential shifts in global trade, as export demand remains supportive across all major U.S. commodities.
March 13, 2026 12:57 PM
·
Farm Bureau economist Dr. Faith Parum explains how geopolitical dynamics in the Middle East could further tighten fertilizer movement, increase fuel costs, and complicate planting decisions for U.S. farmers this spring.
March 12, 2026 03:57 PM
·
