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.
Traders are keeping a close eye on China’s soybean purchases as markets track export sales, shipments, and progress toward the ‘magical’ 12 million ton target promised last year.
January 12, 2026 11:57 AM
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In a post to social media, Trump said Venezuela will buy American agriculture products and will use the money from oil sales to make it happen.
January 08, 2026 11:51 AM
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Dr. Rosslyn Biggs with the Oklahoma State University Center for Rural Veterinary Medicine shares insight into biosecurity, preparedness, and animal health concerns facing livestock producers as New World screwworm outbreaks continue in Mexico.
January 07, 2026 12:57 PM
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China continues to buy U.S. soybeans toward its 12 MMT commitment, as analysts cite data gaps, delivery timing questions, and muted market reaction.
January 07, 2026 11:50 AM
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Strong export demand supports feed grain prices, but drought risk and seasonal patterns favor disciplined early-year marketing.
January 06, 2026 02:46 PM
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Corn export strength remains a key demand anchor, while China’s continued involvement in soybeans and sorghum bears close watching for price direction.
January 06, 2026 01:12 PM
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